Campus Police would like to advise the community of a scam targeting college students.
The Federal Trade Commission (FTC) and the Better Business Bureau (BBB) are warning of a new scam targeting college students. It’s called the Car Wrap Scam — and it targets college students looking for ways to make a few extra bucks all by simply driving your car wrapped with advertising.
The scam begins with an offer to send you a check to pay for the advertising wrap to be installed on your car. The instructions are for you to wire the installation fees to another company selected by the initial company and to keep a few hundred dollars for your initial pay. Shortly after wiring the money to the other company your bank will notify you the initial check was fake and the funds do not exist. Your bank will make you pay back the money that was wired to the scammers. The common scam amount is about $2,000.
If the offer to pay you to drive your vehicle with a company wrap was valid you would be directed to an installation shop pre-paid by the offering company. Do not accept a check to deposit and do not transfer funds from your bank account to another until the initial check has cleared.
If you’ve been a victim of this scam, you can file a complaint with the Federal Trade Commission.
For more information go to the FTC Consumer Information page.
This scam was recently highlighted on Bay News 9.