Thursday, November 14, 2013

Holiday Fraud VI

Another type of fraud which mainly occurs around the holiday season involves a very basic type of fraud which really occurs all the time, but is more prevalent around the holidays simply because of the increased volume of shopping.

      When I was growing up, we called it the "station wagon discount."  Someone would park in a lot (in a station wagon or the like), and sell equipment (usually stereo equipment but certainly other items as well) for a "discount."  Cash only, no receipts, no refunds and no way to find these people after they pulled away from the parking lot (usually after about 30 minutes).

     It goes without saying that these scammers are selling stolen equipment.  Further by purchasing this equipment, you are becoming part of the crime as well.  Purchasing stolen equipment or merchandise when you knew or should have know the equipment was stolen is a crime (at least in Texas).  If nothing else, the "no receipt" should be a dead giveaway.


NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

                                             


 

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