Auction Audacities - Ways People Scam Online Auction Users

You can find just about anything on eBay these day'sfor payment in another way.
a random browse brings CDs, clothing, cars, and skin3. Shipping and Receiving Scoundrels. Whether you're
to your computer screen. That's right, I said skin. Onethe buyer or seller, you should be cautious about the
man recently auctioned patches of his body toexchange of money and goods. Users can easily take
advertising companies, who tattooed their logos on toyour money or item and disappear without sending
him. EBay isn't the only site for surfers bit by theyou what you're due.
auction bug. There are literally hundreds of sites on theIn most conditions, it is the buyer's responsibility to send
web where you can sell your useless crap and usepayment first. If you're using a personal check to pay
the money to buy someone elses useless crap. It's afor an item, date the check two weeks from the day
flea market if I ever saw one-just online. And hey, it'syou send it. That way, if the seller never sends the
not all junk. You can find some great deals on auctionsitem, you can cancel your check before its cashed.
sites.The best choice, especially for larger items, is to use
One problem: People are getting scammed, whichan escrow service. These companies act as a
turns them off to these types of sites altogether. Ofgo-between for buyers and sellers.
course, security is bound to be an issue whenever theCheck with the Better Business Bureau or Consumer
Internet and money are involved, but with onlineReports before selecting a service to make sure they
auctions, individuals are in control, not corporations whoaren't scamming both buyer and seller by disappearing
are more trustworthy with business transactions. 99with the item and the money, both at once.
times out of 100, the relationship between auctioneer4. Check Bouncers. As with stolen credit cards, buyers
and buyer will go smoothly, but just in case, here's thecan easily scam sellers by sending them checks that
top five ways users will scam you. Don't become thatare no good. You receive the payment and mail the
minority who walks away from a deal having lost bothitem, but when you go to cash the check, you find out
money and item.that it is worthless. Don't shoot yourself in the foot-use
1. Phony Users. I don't know what the reason is behinda third party service instead.
it, but some users will bid on items when they neverThird party payment services, the most popular of
have any intention of purchasing it. Your auction will bewhich is paypal, allow people to create free online
over, and the user will cancel his auction membershipaccounts to transfer money. Using a bank account or
and disappear-and there's not much you can do tocredit card, you can send and receive money almost
stop him. Most auction sites charge a fee to sell items,instantly, which prevents users from stealing your stuff.
so not only do you still have the unwanted item onThis is the best option for payment after an online
your hands, but you also have lost money trying to sellauction.
it.5. Identity Thieves. As with any online service, you
One way to prevent this from happening is to closelyneed to be very careful with your personal information
keep track of you auction. When the auction closes,to prevent identity theft. These crooks are getting very
take note of the second and third runners up. Thatsneaky, often the e-mails or messages you receive
way, if the winner bails on you, you can contact thefrom them look and sound very official. As people are
others to see if they are still interested in purchasinggetting more web-savvy, so are cyber criminals.
the item from you. At some sites, you also have theUse a well-known auction site that you trust. These
option of only accepting bids from confirmedsites should never ask for information like your social
users-these are bidders who have either won andsecurity number. Most of the time they won't be the
paid for items in the past or who have their ownones trying to scam you. Other users will use their
auctioneer's account set up with the site. Check thecompany name to send e-mails demanding such
guidelines, because every site is a little different on theirinformation. If you get something in your inbox that
definition of "confirmed buyer."looks fishy, forward it to the company or give them a
2. Stolen Credit Cards. If you own a business andcall, and professionals there can tell you if it's legit.
choose to accept credit cards, be careful about howThese sites will also never ask for your user name
you do this online. When a user pays with a stolenand password in an e-mail, so beware of claims that
credit card, it may take a few days for the rightfulthis information is needed.
owner to realize it's one. Guess what? You won't getUse common sense. The information you share online
the money for your item, which is already in the mail-asshould be limited and you should always take
good as gone.preventative measures to protect yourself. Sites are
Credit card payments are tricky, and I don'tonly as secure as their users, so if you get scammed,
recommend using them unless you own a businessmost times you only have yourself to blame. Before
with an online website that has credit card paymentssigning up with any auction site, check their policies.
available. If not, call the credit card company. TheKnowledge is the key to keeping your online
name and address that the user provided for shippingtransactions protected so that you can buy and sell all
should be the same name and address on the card.the personal property, goods and services you want.
Companies are glad to check their records for you-itBefore long, that green and orange polka-dotted couch
saves them time and money when their cards arewill be yours.
stolen. If it doesn't match up, decline the card and ask