Thursday 31 July 2014

Spanish police arrest 27 car dealers in ‘rollback fraud’ crackdown

THE Spanish National Police have arrested 27 used car dealers for the oldest trick in the book: dialing back cars’ distance gauges to sell them at a higher price. The investigation was launched after a man bought a car in Toledo thinking it had 87,000 kilometres on it, only to find out it actually had traveled 207,000. Now, some 48 falsified cars have turned up in five provinces, hailing from 24 separate dealerships. But those are only the ones that got caught. Authorities have reported that only a small percentage of falsified cars ever get discovered by their owners.