York Regional Police is warning citizens to be aware of an ongoing fraud, targeting citizens in the
Town of Newmarket who are looking for a good deal on a used vehicle.
The way the fraud works is that an advertisement is placed online for a vehicle, priced well below
market value. In one of the cases a 2012 Ford F-150 pick-up truck was advertised for $7,500 when
its actual value was more than $15,000. The discounted price motivates potential buyers who respond
to the advertisement. Communication is established through text messages and the suspect advises
the buyer that if they are truly interested in the vehicle, then they will have to e-transfer a
deposit of $500. After the deposit is received, the suspect provides a residential address where
the vehicle can be viewed and the final transaction for the balance of the funds can be completed.
When the victims attend the residential address, there is no vehicle for sale and the homeowners
have no idea why people keep showing up looking to buy a vehicle.
Investigators have been able to determine that the phone numbers being used by the suspect are fake
and spoofed by using an app.
Investigators are warning residents that when they see a deal that’s too good to be true, it
probably is. Be wary if someone is asking you to send them money electronically, without ever
meeting the person or seeing the item that you are interested in purchasing.
Investigators believe there are more victims and are asking them to come forward and report their
incidents to police.
Anyone with information is asked to contact the York Regional Police #1 District Criminal
Investigations Bureau at 1-866-876-5423, ext.7141 or leave an anonymous tip online at www.1800222tips.com.