Woman loses money in online car deal

LOUISA, VA (WWBT) - A Louisa woman is the victim of an online car buying scam.  She lost $2,200 to scammers who assured her the website was secure. 12 On Your Side has the latest twist to transferring funds to buy a car.

It's a rip-off ad that pops up on craigslist, auto trader, in newspapers, and now, Yahoo Autos.

That's where Sharon Edwards took the bait. She was attracted by the low mileage on an 1989 Jeep Wrangler, through Yahoo Autos.

After receiving confirmation and a security seal, Sharon thought the transaction was endorsed by Yahoo Autos acting as a third party protection service.

She wired $2,200 based on an email that said the money would not be released until she had the Jeep and her mechanic checked it out:

"My main thing is to let other people know what can happen. They can really be had. No matter how much security you feel with the site and the people who you're dealing with,' said Edwards. "If you can't talk to the person face to face, then I wouldn't do it."

A statement you can find online from Yahoo Autos says:

"It does not take possession of users' vehicles ... and, it does not work with money transfer agencies… and, if you get something that says it does…it's a misrepresentation."

Yahoo Autos strongly recommends meeting the seller in person

Sharon says the Secret Service is investigating, and Georgia authorities have made a few arrests in other complaints.

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