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Car Sales Scam Thrives on Hijacked Facebook Accounts

Scammers exploit hijacked accounts with emotional stories and low prices to collect irreversible deposits via payment apps, targeting victims worldwide for over a year.

Summary
Scammers are hijacking Facebook and Instagram accounts to post fake vehicle sales featuring emotional family crisis stories and deeply discounted cars, collecting deposits via irreversible payment methods before disappearing, with fraudulent posts remaining active for over a year despite user reports.

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ncdoj.gov broke the news in on Wednesday, March 6, 2024.
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