Remove Down Payment Remove Electronics Remove Spread
article thumbnail

Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

Dealer World

The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry hard, with a particularly nasty scheme targeting Chinese-speaking communities through WeChat. They promise below-market prices but require a hefty 50% down payment.

article thumbnail

Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

AutoSuccessOnline

The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry hard, with a particularly nasty scheme targeting Chinese-speaking communities through WeChat. They promise below-market prices but require a hefty 50% down payment.