That Fake Dealership Website Wants a Wire Transfer, and There's a Legal Reason Why The Federal Trade Commission dropped a consumer alert on September 1 that should make anyone shopping for an old ...

Scammers are using AI to clone car dealership websites to trick buyers into sending money via wire transfer.

Federal Trade Commission notes that unwitting car buyers can send the money, show up at a real dealership, and then they discover that the legitimate dealer has no record of the order or payment.

Up to $400 million worth of classic cars will roll across the auction block in Monterey and Pebble Beach this week, marking the biggest test of the year for the collectible car market and wealthy ...