petercycle.com Purports to be an on-line retailer of high end bicycles/components Internet
DO NOT BE TAKEN IN BY THE LEGIT LOOKING WEB PAGE
I was researching prices for BMC (a Swiss bicycle manufacturer) Impec frame and came across this website. Their price for the Impec race frame was at 50% discount compared to BMC's RRP of approx 4550 USD.
In addition they sell high end bicycle components at ridiculously cheap prices.
So I went through the purchase / check out process and they basically have no paypal or visa facilities, instead you are required to send an email to them asking for payment instruction, then a reply from them asking you to wire a money transfer.
At this point I lodge this report. Please watch out people or you can kiss your hard erned goodbyes!