If you do not know how to identify fraudulent auctions then you will be a victim. The only question is when.
Over 44% of all Internet fraud complaints are about auctions according to the FBI’s joint Internet crime center. What is even worse is that according to Michael Ford, President of Elite Minds and eBay safety expert, “0almost every one of these complaints could have been avoided. Yes, I am saying that almost every fraudulent eBay auction can be avoided.”
The biggest problem new members on eBay face is a lack of information. They are able to join and be scammed in under 20 minutes without realizing it. New members do not know how the system works and professional criminals take advantage of this by leading them into well planned con games where the new member loses their money and possibly becomes a victim of identity theft.
New members should never:
1. Pay by a means that does not have buyer protection.
2. Focus on a great bargain while losing touch with reality.
3. Click links or run Trojan programs sent by email.
4. Bid without knowing how to check a seller’s history
5. Join eBay and immediately try to buy or sell anything.
New members frequently do not […]

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