Quote:
Originally Posted by Gene F
How do you mean that Jeff? I'm just asking because I'm trying to learn. One day I might need to sell somethin'. It would help if I know what to watch for.
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Gene I'm just saying the opportunity for fraud runs deep in consignment circles.
I mentioned using this avenue once to a banker friend who was into collector cars for many years, when I was going to sell a car once, and he led me to a number of articles where people had been ripped off, often times not only never seeing their money but the cars were long gone too.
Sorry I don't have them on hand BUT if you GOOGLE 'Collector Car Consignment Fraud' you will find a number of cases. Just a few weeks ago they arrested some guy in Green Bay, Wisconsin for this.
I'm not saying they are all dishonest there are legitimate ones out there. Just make sure you do your homework first.