Register | Forgot Your Password? | Close

PHOENIX -- A Phoenix-based scam is catching Canadian car buyers off-guard.

OMVIC, the agency that regulates motor vehicle sales in Ontario, Canada, is warning potential car buyers of the online hoax.

According to the Ontario Motor Vehicle Industry Council, an Ottawa man was nearly duped out of $42,500 when he wanted to make a deposit on a Ferrari F43. The man reportedly saw the vehicle advertised on AutoTrader. When he responded to the add, he was told the car was in Phoenix and was directed to the scammer's website.

Fortunately, the man alerted OMVIC before sending the money and they checked it out.

"The dealership claims to be in Arizona. Their website gives an address of 720 West Highland in Phoenix, but of course the dealership doesn't exist, their inventory doesn't exist, the cars don't exist," said Terry O'Keefe with OMVIC.

Several people have already fallen for the scam.

"If you a vehicle priced far below market value, that's not an opportunity, that's a warning," said O'Keefe.

Canadian and American authorities, including the Federal Bureau of Investigation, are investigating.

Sandra Haros , Reporter

share this story:
Attention Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.

Voice For A Better Arizona

  • Family in Focus

    KTAR spends the week taking a look at the issues a modern Arizona family faces.