A word of advice from law enforcement: if you sell a boat engine on the Internet, it helps to actually own a boat engine.
The Great Falls Tribune Online features the story of a boat engine buyer who ended up getting stuck on dry land because of a case of Internet fraud. The buyer purchased a Mercruiser boat engine through an auction site, but never received the engine.
Investigators discovered the seller never owned the type of boat engine he accepted payment for. Now he is charged with felony theft. If convicted, the phantom engine seller faces 10 years in prison and hefty fines.
How can you protect yourself from Internet fraud? Stop by the Trader Online Security Center to learn how.