| Turn on CNN or Fox News, read a column on the | | | | not going to fall victim to a phishing scam.A high |
| Internet or play your favorite all news radio station an | | | | percentage of online and eBay fraud is eliminated |
| you'll become acutely aware of the "so-called" fraud | | | | simply by understanding phishing and knowing how to |
| online - specifically related to eBay.Definition of Fraud: | | | | deal with it.Fraud Tip #2. Only Buy From Sellers With |
| "In a broad strokes definition, fraud is a deliberate | | | | an Established Feedback ScoreLove or hate eBay's |
| misrepresentation which causes another person to | | | | feedback system, but is has its purpose. By doing your |
| suffer damages, usually monetary losses."Like many, I | | | | due diligence you can weed out potentially fraudulent |
| have had negative experiences one eBay. However, | | | | eBay sellers simply by reviewing their feedback score. |
| I've also had negative experiences with unscrupulous | | | | Pay particular attention to the last 90 days and be |
| people in the real world. The truth is that eBay is just a | | | | sure read all the comments posted on the first 3 |
| microcosm of real-life society where 99.9% of people | | | | pages. A sellers feedback score will is increasingly |
| are good nature.Have you had a bad experience on | | | | important if you are purchasing a high ticket item. Fraud |
| eBay? I spoke with someone recently who said that a | | | | on eBay can be dramatically reduced by following this |
| "fraudulent experience on eBay" ruined their desires to | | | | Fraud Tip.Fraud Tip #3. Do Not Pay With Western |
| use eBay as a sales platform." That seems just a bit | | | | UnionThe chance of Fraud on eBay has been reduced |
| immature, don't you think? Just a few weeks ago my | | | | through eBay's own internal policing of buyer payment |
| nine year old daughter left her board shorts on a | | | | options. If you are going to pay for an item you |
| lounge chair while swimming in the pool (at a nationally | | | | purchase on eBay - always use PayPal as you are |
| recognized vacation resort). When she returned, her | | | | covered by PayPal's buyer protection program. Here is |
| shorts were gone. Someone stole her shorts. Fraud | | | | eBay's latest "Safe Payments Policy:"Permitted on |
| and theft. How should my nine year old respond? | | | | eBay.com: Sellers may offer to accept PayPal, credit |
| Should she never swim in a public pool again?Of | | | | cards including Mastercard/Visa /Amex/Discover, debit |
| course not. But, she can learn a valuable life lesson of | | | | cards and bank electronic payments online for eBay |
| how to protect herself and her property. And to that | | | | purchases. Sellers may also offer to accept |
| we discover the purpose of this article. How can we | | | | bank-to-bank transfers, often known as bank wire |
| protect ourselves from potential fraud on eBay?Fraud | | | | transfers or bank cash transfers. Sellers may accept |
| on eBay, while small in proportion to the number of | | | | COD (cash on delivery) or cash for in person |
| transactions that take place, is a real issue for the | | | | transactions. Sellers may offer to accept payment |
| unsuspecting eBay member. Follow the following points | | | | through Certapay and Propay. Sellers may offer to |
| to reduce the potential of fraud on eBay in your online | | | | accept personal checks, money orders, cashier's |
| trading adventures. Fraud Tip #1: Understand PhishingA | | | | checks, certified checks and other negotiable |
| new word to the Websters' Dictionary for 2005, this | | | | instruments. Not permitted on eBay.com: Sellers may |
| has become #1 of the top areas of Fraud Alert in the | | | | not solicit buyers to mail cash. Sellers may not ask |
| history of the internet. Here is the definition from | | | | buyers to send cash through instant cash transfer |
| dictionary.com: "A method of identity theft carried out | | | | services (non-bank, point-to-point cash transfers) such |
| through the creation of a website that seems to | | | | as Western Union or Moneygram. Sellers may not ask |
| represent a legitimate company. The visitors to the site, | | | | buyers to pay with Stormpay. Finally, sellers may not |
| thinking they are buying something from a real | | | | request payment through online payment methods not |
| business, submit their personal information to the site. | | | | specifically permitted in this policy." With regards to |
| The criminals then use the personal information for | | | | cash payments on eBay, "The U.S. Postal Service tells |
| their own purposes, or sell the information to other | | | | us it's unsafe, and now eBay is telling everyone that it |
| criminal parties." In specific terms, it may relate to your | | | | is unsafe," said Matt Halprin, eBay's global policy VP. |
| eBay membership, PayPal account, bank account, | | | | "So if a seller solicits or encourages offers to accept |
| credit card, or other account where you need an ID, | | | | cash, [they are] encouraging unsafe payment methods |
| password and/or personal information. Fraud on eBay | | | | and we do remove that seller's listing."eBay Fraud, |
| can occur when you receive a phishing email that | | | | which accounts for only a small fraction of one |
| sounds 100% legitimate. It might come from: support@... | | | | percent of all transactions can be significantly be |
| And looks like this: "Dear eBay member, You have | | | | reduced by your use of PayPal.Fraud Tip #4. |
| received this warning because we have strong reason | | | | Preventative Measures - Tips For Your ProtectionThe |
| to believe that your eBay account had been recently | | | | IFCC ( Internet Fraud Complaint Center) has an |
| compromised and it could be used by a third party | | | | excellent website that includes a tips page where you |
| without your authorization. In order to prevent any | | | | will read about Internet Auction Fraud, Non-Delivery of |
| fraudulent activity from occurring we are required to | | | | Merchandise, Credit Card Fraud, Investment Fraud, |
| open an investigation into this matter. To speed up this | | | | Nigerian Letter Scam, and Business Fraud.In a perfect |
| process, you are required to verify your eBay account | | | | world, everyone would be honest and trustworthy, but, |
| by following the link below."a. Here's what happens: | | | | unfortunately, there are those who will try to take |
| when you click on the link listed, you are taken to a | | | | advantage of others. The Internet provides |
| web page that looks exactly the same as the sign-in | | | | tremendous opportunity - like anything else, use it |
| page -- for example, you are sure you are at the | | | | wisely.Adam Ginsberg - Entrepreneur, Author, |
| eBay sign-in page. You are asked for personal | | | | SpeakerAdam Ginsberg is internationally known as a |
| information, including ID and password, etc.How to | | | | small business and online expert and highly sought |
| protect yourself? You need to know that eBay, | | | | after speaker and trainer. Adam has published the #1 |
| PayPal or any other secure site will NEVER ask for | | | | best sellers "How to Buy, Sell & Profit on eBay".as well |
| your personal, identifying information in an email. What | | | | as "The Automatic Money Machine on eBay". |
| should you do? Delete the email and tell yourself you're | | | | |