Travel

Full Version: EBay Scams To Watch Out For Or You Might Be Next!
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
There are many eBay scams out there to maintain an eye out for when you are selling on eBay. This write-up will cover a handful of of the recognized and not so identified scams to be conscious of. No matter whether youre a causal seller, or a professional seller on eBay, you want to know about these scams so that you can take measures to avoid or recognize if its happening to you.

Bid Shielding

This scam is one thing you need to watch out for as a seller on eBay. Basically the scam is run using two separate eBay accounts. The scam functions like this. You put your item up for auction. Lets say your item is worth $100 and you have no reserve. The initial bidder (scammer) comes along and bids $5 on your item. Right right after that, yet another bidder working with the first bidder comes along and bids $200 on your item. Considering that your item is only worth $one hundred, you receive no more bids for the duration of your auction. Proper just before your auction ends, the initial bidder backs out and cancels their bid, leaving the $5 bidder the winner, properly shielding all other potential bidders since of the $200 bid.

Because of the potential for this scam it is often great to have a reserve on your auction. Also, I would put some sort of disclaimer on your auction stating that if you suspect bid shielding on your auction, you reserve the appropriate to back out of the sale. Its often a good notion to keep an eye on your auctions and watch for this kind of behavior. If you suspect this is taking place to you, be sure to report the parties involved to eBay right away.

Wholesale List Scam

This scam takes benefit of the truth that a lot of individuals dont spend close consideration or read the fine print on an auction. This scam is targeted at purchasers who are hunting for bargains on electronics and technological items on eBay. The wholesale list scam is basically an auction that looks like the seller is supplying a wonderful deal on a item like an iPod for instance. My friend discovered powered by by browsing newspapers. They might have a purchase now cost of $40 for an iPod that is worth $150. Discover supplementary info on this partner site by clicking http://www.kiwibox.com/charl83pale23/blo...s/?pPage=0. Even so, if you actually read the fine print on the auction, you will find that you are not truly acquiring the iPod. In reality you are purchasing a wholesale list.

To keep away from this scam, just be positive that you read the entire specifics of the auction before making a bid or a purchase. Essentially, just use prevalent sense. If it looks also very good to be correct, it almost certainly is, so read the auction very carefully.

Bad Check Scam

This eBay scam is precisely what it sounds like. The undesirable examine scam is easy. Somebody purchases your item and sends you a check as payment. You get the check, and send out the item. Image contains additional resources about the reason for it. However, 2 weeks later you discover out the examine bounces and now you are out your item and the funds.

To keep away from this, just do not send out any goods till the check has cleared.

Spoof eBay Emails

This eBay scam is an try to get your private details and/or eBay account info. Essentially the scammer sends you an e-mail that looks like its from eBay. The e mail may possibly direct you to a internet site (that also looks like eBay) exactly where it asks to you verify your info. In reality, the website is developed by the scammer to collect your personal data and use it for identity theft. The scammers can be quite tricky and make anything look quite official.

To stay away from this scam, you require to be wary of any emails that you get. The 1st thing you need to check is the e mail header. Emails from eBay, will have @ebay.com as the final component of the senders e mail. Also any links that are in the e mail could be directing you somewhere other than exactly where they say they are. Also copy and paste the links into your browser, and only pay a visit to official links that begin with http://www.ebay.com. If anything seems suspicious to you, forward the e mail to eBay and wait for their response. They will let you know if its legitimate or not.

In conclusion, most people you run into on eBay are great truthful individuals and not out to scam you. You may possibly do company on eBay for years and never ever run into any of this. Nevertheless, sometimes these items do come about so its critical to use common sense and use your greatest judgment when it comes to this stuff. Just be aware that it can take place, and take the required precautions and you will be fine. Theres a lot of income to be created on eBay, so dont let something scare you off. Preserve yourself armed with information and info and you will be productive out there in the auction world!.
Reference URL's