Sell your car with us - WARNING - Into Administration

Sell your car with us - WARNING - Into Administration

Author
Discussion

Origin Unknown

2,314 posts

171 months

Tuesday 17th September 2019
quotequote all
Dr Interceptor said:
Looks like they were auto-issued for not filing confirmation statements.

I really don't know how (relatively) small companies get 'hacked' out of large sums of money. Hacked implies electronic funds, which would surely be in a bank account - if those were being hacked, then I'd be having strong words with my bank.

Unlikely they had 'substantial' funds in e-wallets surely?
Hacked is very broad term so we don't know the details. Small businesses are gold mine, particularly those who's product is not related to IT as they often lack the skills, technology and process governance to protect themselves. I've seen almost perfect emails that appear to be from a CEO to a finance bod asking for £40,000 to be transferred to a "supplier" for services and can it be today. Similarly from a CFO to the his finance team asking for funds to be transferred. These things do happen.

R8Steve

4,150 posts

177 months

Tuesday 17th September 2019
quotequote all
Origin Unknown said:
Dr Interceptor said:
Looks like they were auto-issued for not filing confirmation statements.

I really don't know how (relatively) small companies get 'hacked' out of large sums of money. Hacked implies electronic funds, which would surely be in a bank account - if those were being hacked, then I'd be having strong words with my bank.

Unlikely they had 'substantial' funds in e-wallets surely?
Hacked is very broad term so we don't know the details. Small businesses are gold mine, particularly those who's product is not related to IT as they often lack the skills, technology and process governance to protect themselves. I've seen almost perfect emails that appear to be from a CEO to a finance bod asking for £40,000 to be transferred to a "supplier" for services and can it be today. Similarly from a CFO to the his finance team asking for funds to be transferred. These things do happen.
Lets be honest, the only place they were hacked from is from their home computers.

dibblecorse

6,902 posts

194 months

Tuesday 17th September 2019
quotequote all
5Cylinder said:
On a completely unrelated note, Here is the address of a good place, they are giving out free money, but only if they have sold your car, go to this address and ask for the money you are owed, but only ofcourse if the idea was for Steve the MD of sell your car to sell your car....

24 Monson Road, Broxbourne, Hertfordshire, England, EN10 7DY
Just looked at that on Google Maps, not exactly Ascot or Cobham is it !!!!

anonymous-user

56 months

Tuesday 17th September 2019
quotequote all
dibblecorse said:
5Cylinder said:
On a completely unrelated note, Here is the address of a good place, they are giving out free money, but only if they have sold your car, go to this address and ask for the money you are owed, but only ofcourse if the idea was for Steve the MD of sell your car to sell your car....

24 Monson Road, Broxbourne, Hertfordshire, England, EN10 7DY
Just looked at that on Google Maps, not exactly Ascot or Cobham is it !!!!
Agreed, SHlTHOLE springs to mind hehe

mitch_

1,282 posts

226 months

Tuesday 17th September 2019
quotequote all
Origin Unknown said:
Dr Interceptor said:
Looks like they were auto-issued for not filing confirmation statements.

I really don't know how (relatively) small companies get 'hacked' out of large sums of money. Hacked implies electronic funds, which would surely be in a bank account - if those were being hacked, then I'd be having strong words with my bank.

Unlikely they had 'substantial' funds in e-wallets surely?
Hacked is very broad term so we don't know the details. Small businesses are gold mine, particularly those who's product is not related to IT as they often lack the skills, technology and process governance to protect themselves. I've seen almost perfect emails that appear to be from a CEO to a finance bod asking for £40,000 to be transferred to a "supplier" for services and can it be today. Similarly from a CFO to the his finance team asking for funds to be transferred. These things do happen.
You’re giving them a lot of credit, but looking at the overall picture it’s highly unlikely. Anyone referring to your scenarios as hacking should probably stay clear if a computer. What you describe is fraud.

To have repeated instances to claim on your insurance and have them repeatedly wriggle out of a claim is demonstration enough that you don’t know what you’re doing.

Driver101

14,376 posts

123 months

Tuesday 17th September 2019
quotequote all
anonymous said:
[redacted]
The Zoopla estimate on that house is £605,000.

I didn't see that coming.

MDMA .

9,014 posts

103 months

Tuesday 17th September 2019
quotequote all
anonymous said:
[redacted]
BT Transit on the street -



anonymous-user

56 months

Tuesday 17th September 2019
quotequote all
With the gp cars backstory it certainly has the look of being dodgy stuff

JulianHJ

8,756 posts

264 months

Tuesday 17th September 2019
quotequote all
Origin Unknown said:
Hacked is very broad term so we don't know the details. Small businesses are gold mine, particularly those who's product is not related to IT as they often lack the skills, technology and process governance to protect themselves. I've seen almost perfect emails that appear to be from a CEO to a finance bod asking for £40,000 to be transferred to a "supplier" for services and can it be today. Similarly from a CFO to the his finance team asking for funds to be transferred. These things do happen.
It's known as mandate fraud, and the scale of the problem is vast. Office 365 is a common attack vector (often via spear phishing) - If you use Office 365 (or any other accounts for your business that offer remote working) enable two factor authentication as a minimum.

Electro1980

8,444 posts

141 months

Tuesday 17th September 2019
quotequote all
anonymous said:
[redacted]

Sixpackpert

4,585 posts

216 months

Tuesday 17th September 2019
quotequote all
anonymous said:
[redacted]
biggrin

Wacky Racer

38,332 posts

249 months

Tuesday 17th September 2019
quotequote all
Anyone who leaves any car or motorcycle with ANYONE on SOR is taking a huge risk, even if the company has been established many years.

More so if it's an expensive one.

You may be lucky, but if you're not...……...

vaud

50,864 posts

157 months

Tuesday 17th September 2019
quotequote all
I'm not generally one for massive regulation, but SOR when combined with the other aspects of company regulation does seem to be an area where fraud is relatively easy.

Maybe it should be allowed, but only with a significant bond posted to a 3rd party to protect the consumer? Or just ban SOR... I rarely hear good stories of SOR deals.

A1VDY

3,575 posts

129 months

Tuesday 17th September 2019
quotequote all
Christmassss said:
My friend has got somewhere with the DVLA, car is still in his name, so car has been registered as stolen so the poor buyer is going to be out of pocket now.
Wouldn't make any difference. The car will be bought 'in good faith' and likely the buyer will keep the car. Its your friend who will be out of pocket..

Christmassss

650 posts

91 months

Wednesday 18th September 2019
quotequote all
A1VDY said:
Wouldn't make any difference. The car will be bought 'in good faith' and likely the buyer will keep the car. Its your friend who will be out of pocket..
Currently on going, however is looking like the car hasn't been sold...its been 'sold' to an acquaintance of Steven Prossers.

He is a very murky character, his correspondence address as listed in a post above is also the correspondence address for a variety of other businesses.

His parents house is much nicer and also an address for another linked business.

He also linked (although not officially) to a number of other businesses on the same estate. One of those being Buntingford Auto Services (jeremy wilson) who as of 2 days ago started Autotrader Direct Ltd.....

coldel

8,035 posts

148 months

Wednesday 18th September 2019
quotequote all
Bloody hell what a shocker. I wonder if its worth posting this thread along with a letter to a few of the more popular TV/YouTube channels that like to investigate fishy goings on? They would snap this up as half the work has been done for them already.

Happens so often though, these companies hide the money run and set up again. There are car sales businesses listed on this very websites car sales section that have renamed themselves more than once after going bankrupt and still selling dodgy cars and then dodging their legal obligations when the cars go wrong.The more they are publicised the better.

Origin Unknown

2,314 posts

171 months

Wednesday 18th September 2019
quotequote all
R8Steve said:
Origin Unknown said:
Dr Interceptor said:
Looks like they were auto-issued for not filing confirmation statements.

I really don't know how (relatively) small companies get 'hacked' out of large sums of money. Hacked implies electronic funds, which would surely be in a bank account - if those were being hacked, then I'd be having strong words with my bank.

Unlikely they had 'substantial' funds in e-wallets surely?
Hacked is very broad term so we don't know the details. Small businesses are gold mine, particularly those who's product is not related to IT as they often lack the skills, technology and process governance to protect themselves. I've seen almost perfect emails that appear to be from a CEO to a finance bod asking for £40,000 to be transferred to a "supplier" for services and can it be today. Similarly from a CFO to the his finance team asking for funds to be transferred. These things do happen.
Lets be honest, the only place they were hacked from is from their home computers.
Maybe that's true Steve. My point was this type of compromise is real. SME business whose core product is not IT services/ISVs (and often those that are) are prime targets for this type for social engineering.

mitch_ said:
Origin Unknown said:
Dr Interceptor said:
Looks like they were auto-issued for not filing confirmation statements.

I really don't know how (relatively) small companies get 'hacked' out of large sums of money. Hacked implies electronic funds, which would surely be in a bank account - if those were being hacked, then I'd be having strong words with my bank.

Unlikely they had 'substantial' funds in e-wallets surely?
Hacked is very broad term so we don't know the details. Small businesses are gold mine, particularly those who's product is not related to IT as they often lack the skills, technology and process governance to protect themselves. I've seen almost perfect emails that appear to be from a CEO to a finance bod asking for £40,000 to be transferred to a "supplier" for services and can it be today. Similarly from a CFO to the his finance team asking for funds to be transferred. These things do happen.
You’re giving them a lot of credit, but looking at the overall picture it’s highly unlikely. Anyone referring to your scenarios as hacking should probably stay clear if a computer. What you describe is fraud.

To have repeated instances to claim on your insurance and have them repeatedly wriggle out of a claim is demonstration enough that you don’t know what you’re doing.
Sorry Mitch but I don't agree with some of your points. My experience is that "hacking" is such a broad term and for those who not scholars, IT professionals or proficient in IT, "hacking" is a catch-all term.

JulianHJ said:
Origin Unknown said:
Hacked is very broad term so we don't know the details. Small businesses are gold mine, particularly those who's product is not related to IT as they often lack the skills, technology and process governance to protect themselves. I've seen almost perfect emails that appear to be from a CEO to a finance bod asking for £40,000 to be transferred to a "supplier" for services and can it be today. Similarly from a CFO to the his finance team asking for funds to be transferred. These things do happen.
It's known as mandate fraud, and the scale of the problem is vast. Office 365 is a common attack vector (often via spear phishing) - If you use Office 365 (or any other accounts for your business that offer remote working) enable two factor authentication as a minimum.
Would 2FA help much? Isn't simply forging the header to appear to be from the sender normally enough?

Dr Interceptor

7,838 posts

198 months

Wednesday 18th September 2019
quotequote all
Christmassss said:
Autotrader Direct Ltd.....
Worth mentioning that name a few times... It's bound to be dodgy as hell if its in any way linked to any of this debacle.

Countdown

40,229 posts

198 months

Wednesday 18th September 2019
quotequote all
Given his "history" of failed businesses I'd suggest the "bank account being hacked" is just a smokescreen.

Gojira

899 posts

125 months

Wednesday 18th September 2019
quotequote all
Dr Interceptor said:
Christmassss said:
Autotrader Direct Ltd.....
Worth mentioning that name a few times... It's bound to be dodgy as hell if its in any way linked to any of this debacle.
Wonder what Autotrader's legal eagles will have to say?