Park Village Auctions warns of ‘alarming escalation in’ fraud, scams

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Scammers are employing advanced social engineering tactics to prey on vulnerable individuals, often those desperately seeking affordable vehicles. Park Village Auctions (PVA) is sounding the alarm on the rising tide of sophisticated auction scams targeting unsuspecting buyers.

Scammers are employing advanced social engineering tactics to prey on vulnerable individuals, often those desperately seeking affordable vehicles.Park Village Auctions is sounding the alarm on the rising tide of sophisticated auction scams targeting unsuspecting buyers.

“It’s crucial to understand that ‘auction’ is the operative word here. “Legitimate auctions don’t have pre-sales or reserves.“The only payment required upfront is a refundable deposit to participate in the auction itself.

 

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