Nebraskans are being warned to be wary of offers over the phone and in the mail for extended vehicle warranties. Glen Loyd, a consumer protection advocate, explains the tactic of this latest scam: “They make consumers think that they are the car companies, calling them, telling them their warranties are about ready to expire.”He says the sales pitch is very convincing and it can be an expensive mistake. “They create fear in consumers, tricking them into signing up for these warranties that can cost about two-thousand dollars,” Loyd says.
Attempts to track the complaints aren’t being very successful though, as he says the schemers are managing to hide their identities. He says they program the Caller I-D with fake information so it’s more of a challenge to trace the scammers.
Consumers who have purchased these warranties need to contact the Nebraska Attorney General’s office, as it’s possible some of the money can be refunded.
Loyd believes the companies making the offers are based in Missouri, adding, state officials there are trying to shut the scammers down.