Buyer Beware On websites like Craigslist, criminals lure unsuspecting victims offline with cheap deals — only to take their money and run.

By John Klyce

Andy Fong saw his brother in his 2004 Honda Accord, frantically honking the horn. He took off in a sprint, leapt into the backseat and they raced away. Leaning back and sighing in relief, Fong noticed he sprained his ankle and cut his knee. He had only wanted to buy a television.

Fong is one of 25 million Americans who lose more than $2.5 billion to fraud each year, according to the Federal Trade Commission. A recent robbery near the University of Memphis that stemmed from an Internet scam illustrates what tactics are often used to reel people into the trap.

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