Farmers shopping online for large equipment are being warned about fake auction scams.
Jon Tofte is president of I-35 Auctions based in north Iowa and says the first red flag is a price too good to be true.
“Big ticket items that are popular items that are easy to sell, and they’re putting deals out there that are exceptional. For example, if they have a buy it now price, it’s very low.”
He tells Brownfield the scammers are using commonly available software to build fake auction websites and using pictures from legitimate sites to fool buyers.