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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.

Cadillac ELR

Cadillac has revealed the ELR: a production version of the highly-acclaimed Converj concept revealed at the 2009 NAIAS in Detroit. The new luxury coupe will be equipped with extended-range electric vehicle technology – essentially a T-shaped lithium ion battery powering an electric drive unit mated to a a four-cylinder engine-generator, which propels the car when the battery's energy is low. "There's no mistaking it for anything but a Cadillac, an aggressive, forward-leaning profile and proportion showcases a uniquely shaped, modern vision of a personal luxury 2+2," said Ed Welburn, GM vice president, Global Design. Welburn also stated that the Converj concept sparked the idea of combining the desirability of a grand touring coupe with electrification.

England football squad planning big car buys after the World Cup

The Ferrari 458 Spider – just one of the supercars heading for an England player We’re all aware that our very well-paid Premier league footballers love to spend their loose change on a never-ending stream of exotic and expensive wheels, but it seems – almost to a man – they’re planning a big spending spree when they return from Brazil. Magnitude Finance – a go-to finance company for high-end purchases – has revealed that thirteen of the current England squad are clients and that they have big plans for their car fleets when they get back from Brazil – whether they win and get a reputed £350k win bonus or not. The most popular cars being lined up by the players include the new Range Rover, the Lamborghini Aventador LP700-4 Roadster and the Ferrari 458 Spider.