Finance, Forex and Investments

how does yahoo finance work with internet car sales?

I am trying to purchase vehicle over the internet and the owner says that the money will be put in to a trust fund held by yahoo finance until i receive the car and approve of the car. Is this true?

Public Comments

1. THERE is no such thing as YAHOO FINANCE.... ...you are getting th wool pulled over something.
2. Let me guess... the car was priced WAY below what it's truly worth, right? Please understand and let these points soak in: 1) This is a very common scam run on many different ad services 2) There is no "Yahoo Protection Program", "Yahoo Finance", etc. 3) eBay, Yahoo, Craigslist, etc. do not act as an escrow service ("Yahoo will hold the money until you give the OK"). Ever. 4) Once you wire the funds to the fake escrow account, the "seller" then empties out that account and runs. 5) If you are taken by this scam, you have less than a one percent chance of getting your funds back. Move on, keep your money. Stop all communication with the "seller". Now.