Airplane Buyer Scam - Feb 2024

We have a guy on our aerodrome selling a run-out 172 for around $40K...

So, he gets a check written from a legit business for $80K (double the sales amount) in the mail instructing him to CASH it and provide the "ferry pilot" with the additional $40K in cash. Hmmm.

Instead of doing that, my buddy wisely called the FBI. The guy disappeared, the check was a FAKE check from a legitimate business than MIGHT have been cashed (unlikely, but possible) and the FBI is now too busy to do anything about it.

Lesson to All: Scammers are out there using very creative and tempting tactics. While no one here reading this would ever fall for this, it happens to people in other sales and acquisitions ALL THE TIME.

We used to say "BUYER BEWARE." Now we have to say BUYER AND SELLER BEWARE."

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