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Friday, July 24, 2009

Cash for Clunkers scam

“A new federal program designed to help consumers buy more fuel-efficient vehicles is triggering new scams. The program, known as the Car Allowance Rebate System (CARS), provides $3,500 or $4,500 credits to consumers who trade in less fuel-efficient cars or trucks that meet certain qualifications. CARS is scheduled to begin in late July, but related scams are appearing already.”

That's from an alert sent a few days ago by Ohio Attorney General Richard Cordray.

“Cash for Clunkers” web sites are already appearing. They claim consumers need to register for the program, which isn’t true, and some seek consumers’ personal information including Social Security numbers.

There is more information on CARS at www.cars.gov or at 866 227-7891.

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