Online Car Sales Fraudster Makes FBI's Most Wanted List

A group of seven Eastern European online car dealers made $3 million selling cars, motorcycles, and boats on sites like eBay, Cars.com or AutoTrader.com in less than two years. This would be a great example of how the Internet opens up opportunities for global commerce if it weren't for the fact that those cars, motorcycles and boats did not actually exist.

The seven alleged fraudsters were part of a sophisticated group whom the FBI describes as "a band of dangerous cybercriminals." The group scammed mostly U.S. victims, using fake email accounts, fake passports, and fake Paypal and Amazon Payment invoices. The group was led by Nicolae Popescu, a 33-year-old Romanian who is now one of the FBI's most wanted fugitives Read more...