An alert Boise, Idaho, auto dealer nearly fell victim to an online scam.
A man called Maverick Car Co. and said he had $2,500 to send in as the down payment on a car, but first he needed a picture of the car as it sat on the lot.
Used cars overall depreciated 1 percent during May, a slight increase from 0.1 percent levels during April, with domestic cars dropping 1.8 percent; import cars depreciating 1.2 percent; domestic trucks depreciating 0.5 percent; and import trucks at 0.8 percent.
The Federal Trade Commission has issued revised guidance designed to help businesses comply with the requirements of the Red Flags Rule, which protects consumers by requiring businesses to watch for and respond to warning signs or "red flags" of identity theft.
An alert Boise, Idaho, auto dealer nearly fell victim to an online scam.
Used cars overall depreciated 1 percent during May, a slight increase from 0.1 percent levels during April, with domestic cars dropping 1.8 percent; import cars depreciating 1.2 percent; domestic trucks depreciating 0.5 percent; and import trucks at 0.8 percent.
The Federal Trade Commission has issued revised guidance designed to help businesses comply with the requirements of the Red Flags Rule, which protects consumers by requiring businesses to watch for and respond to warning signs or "red flags" of identity theft.
