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FBI hunts £1.8m eBay car fraudster

The Federal Bureau of Investigation (FBI) in the USA has issued a wanted poster for Nicolae Popescu, a Romanian man they suspect of leading a “sophisticated internet fraud scheme where criminal conspirators, posted advertisements on internet auction sites for merchandise for sale”. The scam – predominantly carried out using eBay Motors – convinced would-be buyers to part with money for cars that didn’t exist. On Bing: see pictures of car fraud 15 car-selling scams every car buyer should know about The conspirators posed as eBay sellers and then sent fraudulent invoices, that appeared to be from legitimate online payment services, with instructions for payment to bank accounts held in the United States.

Hennessey Venom GT hits 265.7 mph

Making a car go fast isn't rocket science: You add power and subtract weight. So if money were no object, you might take one of the lightest cars you could find and shove in one of the most powerful production engines on the planet. The result might look a lot like the Hennessey Venom GT.

As the GM world turns: Docherty, Reuss, Lutz get new assignments

Mark Reuss and Susan Docherty just got handed the keys to the General Motors kingdom. Reuss was named president of GM North America. He was vice president of engineering and before that was in charge of GM's Holden in Australia in 2008.