Canada: 'They hurt us so bad': Fredericton used car dealership being investigated for fraud - - PressFrom - Canada
  •   
  •   
  •   

Canada 'They hurt us so bad': Fredericton used car dealership being investigated for fraud

16:10  21 october  2019
16:10  21 october  2019 Source:   cbc.ca

Suspect in custody after fatal stabbing in Fredericton area: police

  Suspect in custody after fatal stabbing in Fredericton area: police The RCMP’s major crimes unit is leading the investigating into the incident. Charges have not yet been laid.

Murfreesboro Police are investigating multiple complaints of fraud made by customers of a car dealership . The business at the center of the investigation is

Used car dealers have a well-earned reputation for shadiness, with their plaid jackets, high-pressure sales tactics, and predatory high-risk financing. Original new- car dealers usually keep the trade-ins that are in the best condition. The next best go to brand-name dealership auctions only.

Fredericton police are investigating a "significant fraud" involving a used car dealership in the city, the force has confirmed.

W&P Auto Sales, on Riverside Drive, closed in August. 

Around the same time the company shut down, NextGear Capital, a financing company serving auto dealers, filed a statement of claim with the Court of Queen's Bench against W&P Auto.

According to court documents, NextGear Capital extended a loan of $250,000 to W&P Auto and the dealership defaulted on payments.

In the statement of claim, NextGear says that W&P Auto owes a principal balance of $136,894.78.

Loblaws wanted too much information for $25 gift cards, privacy commissioner finds

  Loblaws wanted too much information for $25 gift cards, privacy commissioner finds Canada's privacy commissioner has concluded that Loblaws initially requested too much personal information from some customers before they could collect their $25 gift card — offered to make up for the company's bread price-fixing scandal.After a five-month investigation, commissioner also ruled that because Loblaws later revised its request to clarify the precise data it needed from customers, the issue had been "resolved.

Looking for a Used Car Dealership near you? View local car lot locations, current vehicle inventory & prices. DriveTime Used Car Dealerships . Part of the reason people choose DriveTime is because we like to keep things simple like shopping for cars from the convenience of your phone, easy access

Car buyers are often not aware of car dealership fraud used by unscrupulous car dealers . A car dealer who covers up or misleads a buyer about the defective condition of a vehicle is engaged in fraud . If you believe that you are a victim of car dealership fraud , it is best to call us immediately for

Customers complain

Even before the court filing, several customers complained to police about W&P Auto after difficulties getting it to pay off liens for which it was responsible under their trade-in agreements when purchasing used cars. 

In September 2018, Janelle Russell and her husband, Jeremy Russell, traded in two Ford vehicles at the business in exchange for a new-to-them Nissan Murano.

As part of the agreement, the dealership was supposed to pay off loans still owing on the Ford vehicles once the financing for the couple's new car came through.

a building with a store on the side of a road: W&P Auto Sales is closed. Fredericton Police say they are investigating allegations of fraud involving the company. © Provided by Canadian Broadcasting Corporation W&P Auto Sales is closed. Fredericton Police say they are investigating allegations of fraud involving the company.

CBC reached out to several dealerships in Fredericton and confirmed it's often the dealer's responsibility to pay off the existing loan on the "trade-in" vehicle when the financing comes in for the new vehicle.

Follow your head or your heart: A progressive voter's strategic struggle

  Follow your head or your heart: A progressive voter's strategic struggle Tony Myatt’s exactly the kind of voter Justin Trudeau was talking about when the Liberal leader swooped into Fredericton earlier this week with a plea to progressive voters. "For me, the defining issue is climate change," Myatt said Thursday morning in an interview at his home. "I believe there's a climate emergency. It's very, very serious, very dire. We need action."But the economics professor at the University of New Brunswick has spent the last week agonizing about how to achieve that at the ballot box."We need to stop the Conservatives from gaining power," he said.

Auto dealer fraud law consists of state and federal rules designed to protect consumers shopping for Car Dealer Fraud Common Examples of Illegal Practices. Most types of fraudulent activity that take Dealers may lie to a customer by saying a car is new when it has been used , or by labeling a

In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (i.e., a fraud victim may sue the fraud perpetrator to avoid the fraud

There can be a short lag between the time when the new financing comes in and when the old loan is paid. The timing depends on schedules and paperwork, but typically the old loan is paid within a couple of weeks. 

But for the Russells, the outstanding loans went unpaid. About a month after trading in their vehicles, they started getting phone calls. 

"We started receiving calls from Ford credit that our previous loans hadn't been paid off with them on the car or the truck that we traded in," Janelle Russell said.

Russell called W&P to find out what was going on. She was told that Ford only accepted payments made through Canada Post and because of a postal strike, the payment was taking a long time to arrive.  

A few weeks later, Russell learned that Ford Credit does accept payments by FedEx and other carriers. She went back to W&P with this information and asked again why the loan had not been paid off. She didn't receive an answer.

New Brunswick realtor goes viral over unique approach to dealing with vandalism

  New Brunswick realtor goes viral over unique approach to dealing with vandalism When Alan Stillwell was told by a co-worker that his signs had been vandalized, he decided to turn a negative into a positive. Stillwell posted a photo of himself on social media with the same glasses, eyebrows and cheesy goatee that his defaced sign was sporting. READ MORE: New Brunswick man turns wood pile into work of art The post has now been shared tens of thousands of times on Facebook and has even been shared by popular meme Instagram accounts. He's been contacted by realtors from across Canada telling him how they've dealt with their own signs being vandalized.

Many used car dealers are notorious for providing " dealer warranties." If you believe that you've been the victim of auto fraud , you do have rights! Contact the consumer rights advocates of The Consumer Law Group today to learn more about your potential claim.

Used cars are often more reliable, and a better investment considering the how vehicles depreciate in value so quickly. Our auto fraud attorneys have helped clients negotiate with their dealer to return the bad car and get back their down payment. Our goal for most client cases is to undo the deal for

By November, the loan on the car had been paid off, but the loan on the truck remained outstanding. 

By Christmas, the Russells wanted answers. 

"And [W&P] wouldn't answer our calls, our messages, emails — nothing," Russell said. "They ignored us completely. 

"So my husband's parents went in to try and even get some paperwork out of them because they hadn't even given us a bill of sale or anything, and all they would give them for paperwork was the loan information where they had applied for us to get the loan on the car." 

That's when Russell went to the police, who tracked down the truck.

"It had been sold five different times with the lien on it," she said. "It had made it all the way to Maine. And no one caught the lien on it. The dealerships don't know if they registered it wrong, how they hid that … but they managed to do that somehow.

The police told Russell they couldn't help and that she needed to find a lawyer.

How it's supposed to work

Under the Personal Property Security Act, a lien on a vehicle must be registered with the provincial government, said Jennifer Ingram, a lawyer who practises in the area. 

Cinar founder, fraudster allowed to travel for holidays while on parole

  Cinar founder, fraudster allowed to travel for holidays while on parole Cinar founder Ronald Weinberg will be allowed to travel outside Canada during the holidays even though he is still serving a nine-year sentence for the massive fraud he pulled on the television production company’s investors. Weinberg, 68, recently requested a modification to one of the conditions set by the Parole Board of Canada when he was granted full parole in April . The condition barred Weinberg from travelling outside Canada while serving the sentence he received in 2016 following the longest criminal trial held in Canada.

Fredericton Mazda in Fredericton has New and Used Mazda Cars and SUVs for sale. By submitting your email address or phone number, you allow us , Fredericton Mazda, to include you on our contact lists to send you information about our products, services and promotions.

Auto dealer fraud is all too common but difficult to identify. Learn about these shady practices and avoid fraudulent car sales. Coffey’s recommends would- be car buyers write out a contract to buy the car contingent on it passing a pre-purchase inspection or not requiring repairs over a specific cost.

The information is available on a searchable online platform similar to Service New Brunswick. 

"The system is set up so that when a car gets bought and sold you're supposed to do the PPSA check to make sure that if there's a lien on it, you know about it and that lien gets taken care of before you buy it. That's the way it's supposed to work."

Depending on the financing agreement, it can either be the dealership's responsibility to do the lien check, or the financier's. But that check wasn't always happening in the case of W&P Auto.

According to Ingram, a vehicle with multiple liens wouldn't necessarily signal financiers, either. 

"A lot of the banks wrapped up in this aren't your big five. They're not your big banks ... they're not doing serial number searches either. They're just making sure their interests are getting registered on the cars."

There's not much recourse for customers.

"You can have consumers who are paying on cars that are at risk of being towed, because that's what the financing companies will do," Ingram said. They'll come in and they'll tow the car and it'll be gone, and they'll still have the loans outstanding on it."

The Russells found a lawyer who sent a demand letter, stating the loan had to be paid by the end of March, and finally W&P complied.

Credit card fraud alert: Kelowna woman warns after false food order

  Credit card fraud alert: Kelowna woman warns after false food order The woman says an order for 15 breakfast wraps popped up in her email, which was then followed by a cancellation order.“Everyone that uses SkipTheDishes, delete your credit card number out of their system now,” Lori Placide warned her friends on Facebook. “I just had over $200 put on my card.

One of the worst things a buyer can do is to only shop at one car dealership . While the resources that dealers use to determine used car prices often show lower values than mainstream outlets, the amount that is offered can be a point of negotiation.

If you are reported for fraud , they 'll investigate and will find out even if you are working under the table or as a contractor. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register. By continuing to use this site, you are consenting to our use of

But the delay in paying the loans ruined the Russells credit rating just as they were looking to purchase a house. 

Because of their damaged credit score, they weren't able to get a mortgage and their hopes of owning a home were dashed.  

They also discovered that the car they bought from W&P Auto has a lien on it from a previous owner. But Russell said they don't have any choice but to keep making the payments on the car for another year to restore their credit rating.

Not the only ones

The Russells aren't alone in their concerns.

In February, Traci Taylor traded in her Hyundai Elantra at W&P Auto for a Toyota Corolla. But the original loan on the Elantra she traded in wasn't paid, leaving her with two car payments. 

"I was paying $128 biweekly for my old car. The same week, I was paying $224 for my current car. I was paying it all for three months." 

At that point, Taylor said she had to stop making payments on the old loan.

Taylor said she contacted the police and a lawyer, but isn't pursuing any action at the moment. 

She said eventually the loan on the Elantra was paid by W&P after months of chasing the company. 

a couple of people posing for the camera: Janelle and Jeremy Russell. © Provided by Canadian Broadcasting Corporation Janelle and Jeremy Russell.

No charges have been laid against W&P Auto. None of the allegations have been tested in court and the company hasn't filed a response to NextGear Capital's statement of claim.  

Fredericton police confirmed there is an investigation, but it's is ongoing and they won't discuss details. 

CBC News made several attempts to speak with W&P owners William Cornford and Peter Kennedy — by phone, Facebook and by visiting their homes.

Kennedy was in his driveway getting into his vehicle when CBC asked him about the alleged fraud.  

"I have nothing to say about that," he said. 

For the Russells, who still have no mortgage, the whole experience has left them feeling frustrated. 

"We are just so angry and it has just caused us so much stress," Russell said. "I just cry every time we talk about it because they hurt us so bad."

High schools warn of threatening messages and videos circulating on social media .
Fredericton’s two high schools sent letters home to parents Friday afternoon saying they are aware of messages and videos “related to student activities of a threatening nature.”In the letter, Fredericton High School and Leo Hayes High School say they're "committed to the safety and security of all our students.

—   Share news in the SOC. Networks

Topical videos:

usr: 25
This is interesting!