The rest can come in on this, but I'll take the first shot.:-)

White Van speakers are like other products sold off the
back of trucks-- like shrimp and beef that might have
Mad Cow disease. They are prob'ly unbranded or knock-offs
of dubious origin.

• http://www.kuro5hin.org/story/2004/4/9/224439/1810

First of all, it's all cash which really lowers the tax liability.

Secondly, I've seen raw cost numbers like $100 per pair. If you spend a couple of dollars on truck decals and brochures with phony reviews, maybe you're looking at $110 per pair, tops.

A few bucks for gas and you might sell two pairs in a day, maybe $600 per pair. That's a gross of over $300K per year for a couple of fast-talking high school drop-outs.

Not too shabby.

He proudly showed them to me and tried to sell them to me at a profit. They sounded ok in his living room, but I had no need for them, as I was interested in a little higher-end speakers if I ever needed to replace mine. At the time I did not know about "White Van" scams - only last year did I first see the term, but this was a White Van scam for sure!!

He does not have room in his living room for a couple of 12" speakers, so they have sat in a box somewhere since then.

He is a very intelligent, but technically-challenged, individual. So even high IQ people can fall for the great "good deal" offered by talented White Van artists.

I have never told him about White Van scams. Maybe I should let the smart-ass (he is, too - we both are!) know that he was suckered.

Heh, heh, heh...

-akhilesh