Baku, Sept. 9
A new type of fraud involving car sales has been uncovered in Azerbaijan, according to local reports.
The scheme works through the use of a “general power of attorney”. As Milli.Az informs, fraudsters purchase a vehicle under this legal arrangement, then call the seller within hours demanding the car back, threatening “serious problems” if refused.
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By that time, according to accounts circulating on social media, the perpetrators have already swapped out original parts for cheap replacements, leaving the seller at a loss.
Specialists are urging buyers and sellers to use only formal sales contracts in order to protect themselves from such schemes.
