Ebay - Avoiding Fraud
If this is the case, then it's time for the buyer's warning
signal to go red alert because if things on E-bay seemed to good
to be true, it probably is and may not even be worth the buyer's
time and money.
There are lots of frauds and scams?going on in the Internet
today and E-bay is not excused. So, it's important for buyers to
detect early signs of fraudulent activities before it gets them.
Here's how to do it:
1. Buyers should look for the seller's feedback section. If a
seller has many feedbacks and almost 50% of it is negative,
chances are transaction with this seller will turn out a hoax,
even if the seller has provided positive replies.
2. Online shoppers should be aware of emails contending it's
from E-bay and certifying some seller as a good one. It's
already anomalous in the first place because E-bay does not send
emails. Plus, E-bay would definitely not certify a seller even
if he or she has a remarkable selling history.
3. Buyer should be aware of sellers that insist on wire
transfers like Western Union as mode of payment. In fact, E-bay
does not recommend their buyers to use wire transfer services.
If the seller insists on it, then, no doubt it's a scam.
4. Buyer should also be aware of "too-good-to-be-true" prices.
Chances are items that are priced way below their real prices
are signs of imminent fraudulent activities.
5. Online shoppers should take note of phishing emails. These
are emails that require subscribers to fill out forms provided
in the email with warning statements saying the subscriber's
account will be closed if the person concerned will not provide
the required pertinent information. Once given, anomalous
activities are on their way like identity theft.
6. Buyers should also be aware of sellers that let them pay the
bid amount to wire transfers directly from the buyer's checking
account. Worst, the seller contends that the given bank account
is Escrow's.
7. Online shoppers should be weary of institutions claiming they
are escrow but ask payments be made to a person instead of a
corporation. This is a clear case of scam.
So, to shun away from probable scam attacks, it's a must for
every E-bay buyer to keep these tips in mind. It's better to be
safe than dumb.
About the author:
Jay is the web owner of http://www.the-lowest-prices.com Online Shoppping, a
website that provides information and resources on online
shopping malls and discounts. You can visit his website at: Online Deals