ABOUT
Who we are? Founders of StopCarFraud.com are Bill Coleman & Michael Lasini, the creators of CarBuyerUSA.com, DamageMAX.com and OutPOUND.com. After purchasing $1B in cars, trucks and SUV’s from the public over a 14 year period, FRAUD & THEFT has dominated the automotive industry. Post COVID, Government Waste, Fraud and Abuse has been curtailed and the Ne’er Do Well’s have been forced to diversify and turned their efforts toward auto dealers and public FSBO Transactions - preying upon the savvy and the neophytes alike. "Nobody is safe from fraud” stated Founder Bill Coleman. We catch 2-3 fraudulent transactions per day and what’s crazy is that the schemes are getting more elaborate with the advent of AI and advanced technology.
WHY WE STARTED STOPCARFRAUD.COM
It was out of necessity and survival initially. Over time, and a lot of losses and mistakes we learned that we are profound experts at spotting fraudulent transactions before they are funded - averting painful financial losses that are unrecoverable by insurance. Automobile Dealer and providers to the auto industry including; lenders, auctions, new & used car dealers, insurance carriers, transporters, governmental agencies and more are all taking heavy losses to theft, fraud, scams and misrepresentation. Adding insult to injury, when you hear from local law enforcement after reporting a vehicle theft or misappropriated cash payment for a non-negotiable title and a vehicle that is stolen, they are quick to tell you “that is a Civil Matter, not a Criminal One” you have to take a stand and act - so that is what we did!
EDUCATION AND TRANSPARENCY
There are as many as 20M C2C (FSBO) vehicle sales annually. If scammers and fraudsters are successfully targeting auto dealers with bogus titles, lien releases, fake identities and the like, imagine what they will do the hard-working family that is buying a second car for their daughter with the $10K she saved all through high school? The depth of fraud scams and the number of affected people is in the tens of millions per annum.