Pharma Investments, Ventures & Law Weekly
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Carfax
Odometer Rollbacks Increase 57% Nationwide
December 14th, 2008
Digital odometer fraud is growing at an alarming rate. New research results from Carfax show that the number of cars with rolled back odometers has increased 57 percent nationwide over the last four years. Used car shoppers everywhere need to take every precaution to avoid becoming a victim of this rampant scam. "Odometer fraud is alive and well," said Larry Gamache, communications director at Carfax. "Con men continually find ways to cheat the system, especially in a soft economy like this, and digital odometers are no exception. We cannot stress enough that consumers need to utilize every resource available to help protect them, starting with a Carfax Vehicle History...
Source: Pharma Investments, Ventures & Law Weekly (2008-12-14)
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