White van speaker scam

The white van speaker scam is a scam sales technique in which a con artist makes a buyer believe they are getting a good price on home entertainment products. Often a con artist will buy inexpensive, generic speakers[1] and convince potential buyers that they are premium products worth hundreds or thousands of dollars, offering them for sale at a price that the buyer thinks is heavily discounted, but is actually a heavy markup from their real value. Con artists in this type of scam call themselves "speakerguys" or "speakermen", and usually claim to be working for a speaker delivery or installation company.

The speaker scam was common in the 1980s. Despite widespread information about the scam on consumer forums and watchdog sites, the scams continue operating across several continents.[2][3][4][5][6][7]

  1. ^ Cite error: The named reference fourty was invoked but never defined (see the help page).
  2. ^ "The Long History of the White Van Speaker Scam - Digital Trends". Digital Trends. 30 August 2015.
  3. ^ "Victims still fall for white van speaker scam". smh.com.au.
  4. ^ JAMIE SMALL (23 January 2015). "White van speaker scam". Stuff.
  5. ^ "EEVblog Tears into the White Van Speaker Scam". Hackaday. 8 October 2014.
  6. ^ "Inside a white van speaker scam: Don't buy a 'rolkolsen'". metronews.ca. 13 February 2013.
  7. ^ Gary Harper (11 May 2015). "'Speaker Scam' thrives in the Valley". cleveland19.com.