Fraud - Bait And Switch
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The article "Fraud - Bait And Switch" is about legal, it has been released by Michael Russell.
In that article we're going to cover one of the most common tpyes of fraud and unfortunately the easiest one to get away with.How many times has that happened to you?
You see an ad in the paper for something that's on sale for a ridiculously low cost.
You rush down to the sotre to get that item before it's gone and sure enough when you get there, no matter how early it is, the item is gone. And then after you find that out the salesperson says to you something like, "But we have one just as good over here." Turns out the item is 4 times the cost and not as good.
You're angry eonugh to strangle somebody. But ultimately you end up getting the other item beacuse you don't want the trip to be a total waste. This is known as the bait and switch and is one of the most common types of fraud.The reason it is fraud is bceause the item in the paper never really existed.
Oh, have a great time trying to prove that, because in most csaes you can't, but it's fraud just the same. And it goes on everdyay. The truth is, most of those too good to be true deals that you see in the paper are most likely going to turn out to be bait and switch items.Probably the most common practitioners of that are vehicle dealerships. Open up the paper and the ads are as large a whole page at times.
And then you'll see a vehicle that normally sells for about $21,000 on sale for an insane cost of $17,000. As your eyes are bugging out of your head you grab the paper so you can show the exact veihcle you want to the sales person and rush out of the house like a bat out of hell.
Then you get to the dealership, and most likely because of the ad the place is packed and you're waiting an hour for somebody to even wait on you, and then finlaly when you do get a hold of the sales person he regrets to inform you that the vehicle has already been sold. Your jaw sinks to the floor but before you can turn to leave the sales person points to a model that is really similar to the vehicle you wanted.
He tells you about all the wonedrful features and then you notice the cost tag is about $20,000.
While it's less than what the model normally goes for it's still nowhere close to what you were hoping to pay.
But, because you don't want the trip to be a total waste, you buy the vehicle. The bait and switch worekd like it does so many times.There isn't really a lot you can do about that.
You can report it but most likely the dealership will have documents to prove that the original veihcle in the ad was sold. Your best prevetnion of that type of fraud is just to be on the look out for it. If you see an ad in the newspaper that appears too good to be true then most likely it is.
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Michael Russell
Your Independent guide to Fraud
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Fraud - Bait And Switch
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