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Article #257: EBay Scams To Watch Out For Or You May Be Next!

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There are many eBay scams out there to before making a bid or a purchase.
keep an eye out for when you are selling Basically, just use common sense. If it
on eBay. This article will cover a few of looks too good to be true, it probably
the known and not so known scams to be is, so read the auction carefully.
aware of. Whether you're a causal seller, Bad Check Scam
or a professional seller on eBay, you This eBay scam is exactly what it sounds
need to know about these scams so that like. The bad check scam is simple.
you can take measures to prevent or Someone purchases your item and sends you
recognize if it's happening to you. a check as payment. You receive the
Bid Shielding check, and send out the item. However, 2
This scam is something you need to watch weeks later you find out the check
out for as a seller on eBay. Basically bounces and now you are out your item and
the scam is run using two separate eBay the money.
accounts. The scam works like this. You To avoid this, simply do not send out any
put your item up for auction. Let's say products until the check has cleared.
your item is worth $100 and you have no Spoof eBay Emails
reserve. The first bidder (scammer) comes This eBay scam is an attempt to get your
along and bids $5 on your item. Right personal information and/or eBay account
after that, another bidder working with information. Basically the scammer sends
the first bidder comes along and bids you an email that looks like it's from
$200 on your item. Since your item is eBay. The email may direct you to a
only worth $100, you receive no more bids website (that also looks like eBay) where
for the duration of your auction. Right it asks to you verify your information.
before your auction ends, the first In reality, the website is created by the
bidder backs out and cancels their bid, scammer to collect your personal
leaving the $5 bidder the winner, information and use it for identity
effectively shielding all other potential theft. The scammers can be very tricky
bidders because of the $200 bid. and make everything look very official.
Because of the potential for this scam it To avoid this scam, you need to be wary
is always good to have a reserve on your of any emails that you get. The first
auction. Also, I would put some sort of thing you need to check is the email
disclaimer on your auction stating that header. Emails from eBay, will have
if you suspect bid shielding on your "@ebay.com" as the last part of the
auction, you reserve the right to back senders email. Also any links that are in
out of the sale. It's always a good idea the email may be directing you somewhere
to keep an eye on your auctions and watch other than where they say they are. Also
for this type of behavior. If you suspect copy and paste the links into your
this is happening to you, be sure to browser, and only visit official links
report the parties involved to eBay right that start with " If anything seems
away. suspicious to you, forward the email to
Wholesale List Scam eBay and wait for their response. They
This scam takes advantage of the fact will let you know if it's legitimate or
that many people don't pay close not.
attention or read the fine print on an In conclusion, most people you run into
auction. This scam is targeted at buyers on eBay are good honest people and not
who are looking for deals on electronics out to scam you. You may do business on
and technological items on eBay. The eBay for years and never run into any of
wholesale list scam is basically an this. However, occasionally these things
auction that looks like the seller is do happen so it's important to use common
offering a great deal on a product like sense and use your best judgment when it
an iPod for example. They may have a buy comes to this stuff. Just be aware that
now price of $40 for an iPod that is it can happen, and take the necessary
worth $150. However, if you actually read precautions and you will be fine. There's
the fine print on the auction, you will a lot of money to be made on eBay, so
find that you are not really buying the don't let anything scare you off. Keep
iPod. In fact you are purchasing a yourself armed with knowledge and
wholesale list. information and you will be successful
To avoid this scam, just be sure that you out there in the auction world!
read the entire details of the auction






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