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How To Recognize Ebay Scams



S


hopping and selling on          E-mails that you receive of this  
eBay can be one of the most     type will have eBay letterheads   
rewarding experiences on        or PayPal letterheads and will    
the Internet. However you need to     direct you to a link that appears 
be careful of scam artists who        to be eBay or PayPal. However, if 
will try to take advantage of you     you look closely at the bottom of 
through various types of fraud.       your browser you'll generally see 
If you do get scammed on eBay         that the domain these links point 
there are ways you can get your       to is not actually an eBay or     
money back. However, it is very       PayPal domain. It just looks like 
difficult to ever catch the fraud     eBay's web site, but it is        
artist and it is a lot simpler if     actually a scam site asking you   
you can recognize and avoid           to confirm your password. Once    
frauds from the beginning.            you put in your username and      
                                      password the fraud artist has it. 
One of the scams that are very        One of the more popular tactics   
common today is fake e-mails that     being used right now is to send a 
appear to originate from eBay or      fake payment notification from    
PayPal or even your bank. Keep in     PayPal suggesting that you have   
mind that anybody can spoof any       paid for something which you did  
e-mail address and send an e-mail     not buy. The e-mail and includes  
that appears to be from somebody      a link right in the center that   
else. It is even possible to          says "dispute this charge", and   
spoof an e-mail coming from the       once you click on that link you   
president of the United States.       are taken to a page that looks    
So when you see any e-mail in         like PayPal but is actually a     
your inbox that comes from eBay       fraudulent web site designed to   
or PayPal and asks you to log in      get you to enter your username    
to confirm your password the          and password.                     
chances are that this is a scam.                                        



One of the easiest ways to            items it is a good idea to only   
protect yourself on eBay is to        except PayPal as a payment        
use PayPal for all transactions.      option. The last thing you need   
PayPal is a wholly-owned              is to get a bad check, or have    
subsidiary of eBay, and so            your buyer dispute his credit     
transactions that are paid for        card charge. If you have          
via PayPal can be easily              fulfilled your end of the         
disputed. Since it is in eBay's       seller's bargain, then all you'll 
interest to maintain a secure         need to do is prove that to       
shopping environment they are         PayPal and eBay without involving 
generally very quick to resolve       a third-party. Generally          
disputes that originate by            speaking, if a buyer is unhappy   
PayPal. If you buy an item and        with a product that you sold and  
are not satisfied with it and         does not consider the product to  
feel like the seller did not          be in the condition advertised,   
deliver what he promised, it is       then you should demand that the   
far easier to dispute that            product be returned before you    
transaction fee with PayPal           issue a refund.                   
because eBay can reverse the                                            
funds themselves. If you              In order to sell on eBay          
purchased by money order or           effectively you need to learn how 
credit card or some other payment     to use reserve pricing. One of    
method, eBay does not have the        the most common schemes on eBay   
opportunity to reverse charges        is for someone using multiple     
without going through a               accounts to place a low bid and a 
third-party.                          high bid simultaneously under     
                                      different aliases. This ties up   
Whether you are buying or selling     your auction at the high bid      
items is a good idea to stick         price and allows of the fraud to  
with PayPal. If you are selling       be carried out when the high bid  



buyer declines to pay and you are     seller. Sellers generally have    
confronted with a low second bid.     more experience and can recognize 
This scam is effective because        these scams, but you should be    
the seller feels obligated to         aware of the pitfalls of selling  
sell the item to the                  upfront before you start selling  
second-highest bidder once the        items on eBay.                    
auction has fallen through with                                         
the top bidder. Placing a reserve     EBay is a very safe and secure    
is essential to avoid this kind       way to shop if you use it wisely  
of scam so be sure to set a           and remain aware of how fraud     
reserve price at the point where      occurs. It is important to always 
you would not sell the product        report suspicious activity        
for any less.                         directly to the eBay or PayPal.   
                                      Since they have a vested interest 
It is worthwhile to note right on     in assuring that reliable         
your auction page that you            transactions occur without fraud  
reserve the right to back out of      you can be sure that they will do 
selling an item if you suspect        their best to prevent illegal     
fraud. While it is easy to get        fraudulent activity.              
scammed as a buyer it is even         

                              
easier to get scammed as a            






About the Author:

Dexter Stoakley maintains a website designed to help eBay buyers and sellers. The site strives to be a community for people interested in eBay businesses, and looking for the best auction bargains online.


Read more articles by: Dexter Stoakley

Article Source: www.iSnare.com


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