‘Preying on unsuspecting consumers,’ warns expert as drivers lose $1b when buying used cars – & it’s a huge safety risk ...Middle East

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DRIVERS have been warned to watch out for odometer fraud after almost half a million cars were sold last year with fake readings. These scams are estimated to cost Americans at least $1 billion annually. GettyAlmost half a million cars are sold every year with false odometer readings, according to the National Highway Traffic Safety Administration[/caption] CBS 47Mechanics say it’s cheaper and faster than ever to be able to hack a car’s odometer[/caption] The situation has gotten so bad in Florida that Attorney General Ashley Moody issued a consumer alert to car owners about odometer fraud on Tuesday, according to CBS affiliate WJAX. “Odometer fraud preys on unsuspecting cons

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