Fake bank draft scheme: Man who sold Porsche to scammers shares cautionary tale [Video]

A man from B.C.’s Lower Mainland who was scammed while selling his Porsche Cayenne online is sharing his cautionary tale – while calling for increased protections from the government.

Mehrdad Ebrahimnezhad was among the victims of a recent fraud scheme that targeted both individuals and dealerships selling high-end cars, as announced by the RCMP last week. 

Authorities said three suspects used forged bank drafts to purchase 16 vehicles, with the combined losses of the victims totalling more than $850,000.

Ebrahimnezhad sold his Cayenne for $87,000 – only to learn the bank draft he received from the buyer he met over Facebook Marketplace was fake.

“I didn’t even know fake bank drafts exist in Canada,” he said. “I’m originally from Iran, they have a central banking system, they can check if a bank draft is fake or not.”

In Canada, only the issuing bank can immediately determine if a draft is a forgery.

Ebrahimnezhad was also frustrated …