Avoid eBay Scams and Fraud

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Avoid eBay Scams and Fraud

Numerous people have been scammed and

defrauded on eBay. eBay is a fun place to bid on

items and to sell items – but you must know how to

find out a scam, and how to avoid them, them or

you quickly join the ranks of those who have lost

their money to eBay scams. Of course, if you are

scammed, a few actions you can take the

correct the situation – but in most cases, the

scammer does indeed get away! The best choice is

to avoid being scammed.

You can easily avoid many scams with the payment

method that you use – whether you are a buyer or a

seller. eBay owns Paypal, and in most cases,

Paypal is the payment method you should use. First,

as a buyer, if you are scammed or less than

satisfied with the item when it arrives, you can

dispute the charge easily, and demand a refund. The

seller must reply and show proof that the item was

sent, and that it arrived in the condition that you

expected, or Paypal will return your funds to your

account.

As a seller, you can protect yourself by only

accepting Paypal. This will eliminate the chances of

receiving a bad check or having the buyer dispute a

credit card charge. Instead, they must dispute the

charge through paypal, and you of course will be able

to prove that you sent the product. You cannot,

nevertheless, prove that the product arrived in the

condition that was expected. In this case, you should

demand that the product be returned to you before the

refund is issued.

The other common scam that buyers use is the

bidding scam. This kind of scam is run either with

two separate eBay accounts – with one person in

control of both of them, or with two friends with

separate eBay accounts. A negligible bid is placed

on your item, using one account. This is followed by

a very high bid, from the other eBay account. Right

before the bidding ends, the high bid is cancelled or

withdrawn, leaving the low bid as the winning bid.

This bid can only be avoided by setting a reserve price

– the lowest bid that can be placed is the same as the

reserve price that you set.

If you are an eBay seller, you can further protect

your auctions by placing a notice on your auctions

page, declaring that you have the right to back out

of the sale if you suspect potential fraud. As both a

buyer and a seller, also beware of spoofed emails.

These emails appear to be from eBay. The email

may claim that you need to verify your data,

and ask you to login to your eBay account, using

the link provided. If you follow that link, the site looks

precisely like eBay, but it is really a scam to get

your eBay login details, as well as your credit card

details! eBay will never ask you to do this. If you

suspect a spoofed email, report it to eBay

at once!

Don’t let scammers ruin your eBay fun! Just use

good common sense, and a reasonable amount of

caution, and everything should run smoothly. Report

suspicious activity to eBay, and if a deal doesn’t feel

right, simply back away from it and move on to the

next auction.

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Avoid eBay Scams and Fraud

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