‘It’s scrapped down to nothing,’ cries driver who ‘sold’ his car for $11k but was left empty-handed – sellers are warned | 88I24H8 | 2024-05-12 12:08:01
'It's scrapped down to nothing,' cries driver who 'sold' his car for $11k but was left empty-handed – sellers are warned | 88I24H8 | 2024-05-12 12:08:01
A DRIVER was scammed after selling his car to someone who gave him fake currency.
A thief drove away in the British Columbia, Canada man's 2004 Subaru Legacy after handing him a fraudulent bank draft that looked very convincing and when he got his car back, it had been gutted.
Shawn Hack had listed his Subaru for sale online, going for $11,000, Global News reported.
The handover happened over the Easter weekend.
After the person who contacted him about buying it got the car from him, Hack went to deposit the bank draft and his heart sank when he was told that the currency wasn't real.
"(The bank teller) just rubbed her fingers against it," Hack explained.
"She could tell by the paper that it was fake."
Hack had "suggested cash" initially, he confessed.
"But he said he wasn't comfortable carrying around $11,000," Hack added.
"Which I can understand to an extent."
The police found his car not long after the scamming incident happened but it wasn't necessarily in the condition it was in when he "sold" it.
"I essentially have my car back, but it's scrapped down to nothing," he admitted.
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"I can't salvage anything out of it. I can maybe get a few bucks here and there for parts, but there's nothing left of it."
Hack did voluntarily hand his keys over to the person who said they'd be buying the car.
Because of that, the Insurance Corporation of British Columbia said that it wouldn't offer any coverage because it isn't technically considered stolen.
"We understand this is an unfortunate and distressing situation for anyone to be in," the insurance agency said.
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"ICBC's optional insurance doesn't provide coverage for a vehicle when the ownership has been voluntarily transferred including if the transfer was induced by false pretense or fraud."
The incident and news from ICBC means he's just left without a car and the needed cash as he said he doesn't only support himself.
He explained why he was trying to sell his vehicle though he loved it.
"I was doing this to help support my partner and myself because we're going through tough times," Hack shared.
"I didn't want to sell it. I did it to support us."
Bankers advise that, if a bank draft is the accepted form of payment, sellers are urged to wait until the draft is cleared before completing their sale.
Another option they recommend is to accompany the buyer to a bank when depositing it.
More >> https://ift.tt/Hv5SthZ Source: MAG NEWS
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