The OPP Anti-Rackets Branch, Economical Crime and Corruption unit have issued a warning to potential heavy equipment buyers.
In late September, police received a complaint from an Ontario/Quebec business owner that buys and sells heavy equipment within Canada and the United States.
According to police, the complainant received unsolicited emails advertising heavy equipment for sale in the United States.
The emails contain information about the equipment for sale at prices lower than market prices. The fraudster offers photos and further information about the equipment and encourages potential clients to contact them via telephone or email. Once communication is initiated, the fraudster allegedly sends information “lifted” from legitimate auction or heavy equipment websites.
Once an agreement is made to proceed with the transaction, the fraudster sends the victim an invoice with bank account and wire transfer information in the United States. After the wire transfer is complete, the victim is provided with excuses for lack of communication and the equipment is never received.