Each year, according to the National Highway Traffic Safety Administration, there are approximately 452,000 reported cases of odometer fraud, in which a motor vehicle's odometer is disconnected, reset or altered with the intent to change the number of clocked miles.
Many vehicles with tampered odometers are products of curbstoning – the unlicensed commercial sale of vehicles for profit. The N.C. Division of Motor Vehicles’ License & Theft Bureau estimates there are more than 5,400 curbstoners in North Carolina.
Signs of a possible curbstoner:
The seller has multiple vehicles for sale.
The seller's name is not on the vehicle title.
The seller does not want to notarize the bill of sale at a bank. (The License & Theft Bureau recommends notarize bills of sale and related documents.)
The goals of the License & Theft Bureau's Odometer Fraud Initiative are to:
Intercept fraudulent vehicles before they are sold to unsuspecting buyers
Identify curbstoners and potential clocked vehicles sold online
Arrest individuals suspected of clocking and/or curbstoning
Assist victims with receiving restitution
Aid in prosecuting suspects of vehicle fraud
Individuals who suspect they have been a victim of curbstoning and/or odometer fraud, should visit an NCDMV License & Theft Bureau office, call (919) 861-3143 or contact their local law enforcement agency.