Kent Blakely from Orange County calls himself a day trader. His currency: used cars. He buys cars from people online from sites like Craigslist and then sells them at auction as fast as possible.
But Blakeley recently fell victim to a scam that he said led to police showing up at his door with guns drawn: he accidentally bought a stolen car as a result of vehicle title fraud.
Blakely says he makes about $500 per car that he sells. So a few months back, when…
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