4 Tips to Prevent Auction Holiday Fraud

Auction fraud refers to fraudulent transactions that take place through auction and classifieds websites.  Either a product advertised may be misrepresented by the seller or the items sold are never delivered at all.This holiday season, as you seek out hard-to-find gifts and look for the best prices, keep in mind that not everyone out there on the wild, wild web has good intentions.Auction sites are ground zero for scammers. It’s very easy to set up a free auction page from anywhere in the world, collect people’s money, and run....more

Auction Fraud is the Third Most Common Internet Complaint

The Internet Crime Complaint Center fielded 303,809 reports of cybercrime in 2010. Of those cybercrime reports, auction fraud was the third most common complaint. Auction fraud refers to fraudulent transactions on online auctions. Either a product advertised for sale is misrepresented, or purchases are never delivered at all....more

When you bear in mind that non-payment/delivery of goods sold or bought—whether from online ...more