Don™t be a Victim of Online Auction Fraud

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Over 1.3 million people are trying to make a living off eBay. Most of them haven’t a clue on how to do it right. There is unchained, cutting edge information for increasing your online business, the exact same tactics that have made a few people rich Click here to know more

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Don’t be a Victim of Online Auction Fraud By Stephen Bucaro

Don’t be a Victim of Online Auction Fraud by: Stephen Bucaro The Internet Fraud Complaint Center (IFCC) reported that last year 7.7 million dollars was lost through online auction scams. The actual losses are much greater. Most auction scams are not reported because they involve only small amounts of money. Most auction Web sites are aggressive at fighting fraud. eBay has a fraud investigation unit that has helped them hold down fraud to only .01% of its transactions. If you paid for an item and never received it, or if you received the item but it was less than what was described, eBay's Fraud Protection Program will reimburse you up to $200, minus a $25 processing charge. In order to qualify for Fraud Protection coverage, you must submit an Online Fraud Complaint with eBay after 30 days and before 60 days from the time the auction ended. After making a purchase, buyers can leave feedback about their experience with the seller. Before you bid on an item, check the seller's feedback profile by clicking on the number next to the their User ID. There is also a feedback forum and discussion board. Below are a few actions that you should take to protect yourself from Internet auction fraud. For a high cost item use an escrow service. Avoid sellers who request payment by electronic transfer. Never provide your Social Security Number or Drivers License Number. Verify the delivery data and the sellers return policy. Review the online feedback on a seller. If the seller is a business, check with the Better Business Bureau www.bbb.org. Prefer sellers who accept credit card payments. When you use a credit card to pay for a purchase, federal law limits your liability for an unauthorized charge to $50. You can also request your credit card issuer to make a charge-back. Be cautious about buying from a seller in another country. If you buy from a seller in another country, understand the difference in laws governing auctions between that country and the US. If you become a victim of Internet auction fraud, you can submit a complaint report with an online form at the IFCC Web site www.ifccfbi.gov. The IFCC will review your complaint and refer it to the proper law enforcement agency.

Identity Theft Protection DON'T BE A VICTIM. Use PROVEN fraud protection techniques to SAFEGUARD YOU and YOUR FAMILY against IDENTITY THEFT. Page 1

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Internet Auction fraud is a large and growing problem. Take the measures outlined above to prevent yourself from becoming a victim. Copyright(C)2004 Bucaro TecHelp. Permission is granted for the below article to forward, reprint, distribute, use for ezine, newsletter, website, offer as free bonus or part of a product for sale as long as no changes are made and the byline, copyright, and the resource box below is included.

Stephen Bucaro To learn how to maintain your computer and use it more effectively to design a Web site and make money on the Web visit bucarotechelp.com. To subscribe to Bucaro TecHelp Newsletter visit http://bucarotechelp.com/search/000800.asp

The Auction Hot List Newsletter The Auction Hot List Newsletter and Companion Auction Site is designed to keep you informed about hot items currently selling. Page 2

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Safeharbor; Ebay’s Own Scotland Yard. By Kirsten Hawkins

SafeHarbor are the eBay police department. If you break the rules, commit fraud or try to buy something you’re not supposed to, they’ll be after you. When You Don’t Pay. This is the most common rule buyers break – it’s all too easy to just change your mind and try to get out of the auction. eBay regards every auction as a contract, and will punish you if you don’t go through with your end of the deal. If you decide not to pay then expect to get a few nasty warning emails from eBay threatening you with banning if you do it again. Not to mention, of course, that you’ll get a big negative ‘DID NOT PAY’ feedback comment from the seller. So There Are Things You Can’t Buy on eBay? Yes, there are: more things than you’d expect. It makes sense that you can’t buy firearms, for example, but you also can’t buy fireworks – eBay are worried about the risks of sending them in the post. Laws in many countries mean that you can’t buy alcohol or tobacco. You can’t buy illegal or prescription drugs, stocks and shares, or lottery tickets. No underwear, either. You can’t buy any little pet puppies or kittens, as animals are banned. If items infringe on copyright, like pirate CDs or software, then they’re not allowed either. eBay's policy is controversial, not least because it is somewhat random in its enforcement – and there have been accusations that they’re more responsive to the copyright concerns of big businesses than to auctions for items that might actually be dangerous. If they do decide to go after you or the seller, though, they will cancel the auction and may also suspend your accounts. Fraud. eBay runs remarkably well considering how unregulated it is, but there are still fraudsters. If you are a victim of fraud – for example, you pay for an item that never turns up – then SafeHarbor will investigate for you. eBay's standard purchase protection will give you up to $200 back if your claim is successful. Be aware, though, that this can take a few months. In addition, if you paid by PayPal, then they can usually reverse the transaction relatively easily and get you more (if not all) of your money back. This is another reason why many buyers prefer to use PayPal. Some sellers are a little scared of the effectiveness of the refund system, as they can send out items in good faith only to find that their buyer was fraudulent and the transaction has been reversed. If you’re worried about fraud, as a buyer, you should always use PayPal. What’s that? You don’t know how to use PayPal? Well, luckily for you, the next article is all about using PayPal to improve your eBay life.

Kirsten Hawkins is an Ebay and internet auction enthusiast from Nashville, TN. Visit

Online Auction Expert's Bible To eBay Help for sellers at eBay Online Auctions. Expert strategies, secrets and tutorials to help you ELECTRIFY your profits on eBay. Page 3

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http://www.auctionseller411.com/ for more great tips on how to make the most from Ebay and other online auctions.

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Related eBooks: Safeharbor; Ebay’s Own Scotland Yard. Fraud Alerts and Identity Theft: Is This Enough? Could You Be A Scam Victim? Credit Card Fraud – Be One Less Statistic How to Avoid Credit Card Fraud Get more Free PDF eBooks at FreePDFeBooks.com Related Products: Auction-O-Matic Script Jungle - You'll Get 10 Great Scripts With Resell Rights! Scams Exposed Auction Strategies Making money at online auctions

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