Tips to Avoid Online Auction Fraud

Written by John Lynch

While most buyers and sellers on internet auction sites are honest, there is alwaysrepparttar threat of underlying fraud.

Auction sites have had instances of sellers posting pictures of items for sale, only to include in extremely small print that buyers are only bidding forrepparttar 116920 photo rather thanrepparttar 116921 item itself. Whenrepparttar 116922 photo arrives inrepparttar 116923 post and notrepparttar 116924 product, buyers are obviously outraged.

Steps to avoid online auction fraud 1)Check seller's feedback

One ofrepparttar 116925 best ways to judge a seller's honesty is to check his or her feedback. Most buyers will give feedback on a sale, ratingrepparttar 116926 seller inrepparttar 116927 seller's Feedback Profile. Ifrepparttar 116928 feedback is negative, it will be very difficult for that seller to buy or sell anything on that auction site in future. Checkrepparttar 116929 seller's feedback and if it is not overwhelmingly positive, do not buy.

2)Find out seller's contact details

Before you enter into a deal, try to establish contact withrepparttar 116930 seller. On eBay you can search information on a member by visitingrepparttar 116931 Find Members page. If you can get a phone number or an email address, you have a better chance of solving any future problems. You could establish contact withrepparttar 116932 buyer by requesting further information aboutrepparttar 116933 nature ofrepparttar 116934 product in which you are interested.

3)Payment Methods

Credit cards arerepparttar 116935 safest way to buy anything online forrepparttar 116936 simple reason that, inrepparttar 116937 case of fraud, most credit card companies will coverrepparttar 116938 cost. Online payment services such as PayPal and FastPay are also popular with auction site users because of their safety. These are account-based systems that send money via credit card or bank account.

Don't Let Them Take Your Money and Run!

Written by Denise Hall

The Internet is full of scams and fraud. Many are inrepparttar form of "income opportunities" and "investment programs." Sometimes it's hard to tell if a company is legitimate or not. Unfortunately, many of them aren't and people get scammed into losing hundreds, even thousands, of dollars.

The Internet gives bogus companiesrepparttar 116919 opportunity to "takerepparttar 116920 money and run" with less chance of getting caught than inrepparttar 116921 offline world. It's fairly easy to hide behind a website and an, oftentimes fake, e-mail address.

I recently came upon this program, Invest With Gold, ( when asked by one of my newsletter subscribers to try and find out whether it was legitimate. It only took me about 5 minutes to make my decision on this one.

Here's a direct quote fromrepparttar 116922 main page:

"Welcome to, Consistantly paying out our investors since 1998! The only site onrepparttar 116923 internet utilizingrepparttar 116924 currency exchange markets for our investors, and making them money. We offer you up to 800% PROFIT in 2 weeks, GUARANTEED, and completly hands free! And best of all, you are NEVER in danger of losing your investment capitol!"

So they invest their clients money into foreign currencies and make a profit. The profits, less a 1% service fee, go back torepparttar 116925 clients, thus earning money on their investment.

It sounds pretty good, doesn't it? 800% profit in 2 weeks? What a deal! And they've been in business for 6 years, so they must be good, right?

Not so fast! Keep reading before you hand over your money.

The second paragraph onrepparttar 116926 page invitesrepparttar 116927 website visitor to "Just look what our investors have to say" which is a clickable link to a message board for investors to add their comments.

The problem isrepparttar 116928 message board is empty! I'd assume happy clients would post *something* there. (Well, maybe they're working on that page. I'll give themrepparttar 116929 benefit ofrepparttar 116930 doubt.)

I continued readingrepparttar 116931 main page and saw this:

"Although we can not "legally" say you will never lose any money, we can tell you that we have NEVER LOST MONEY in over 6 years! If you're interested, take a look atrepparttar 116932 tracking section, to see how other people's investments are doing, and then readrepparttar 116933 message board, and comments from our clients."

I'd venture to say that "they" probably haven't lost any money, but their clients, if they have any, probably have. I already knewrepparttar 116934 message board was empty, so I decided to check outrepparttar 116935 tracking section.

Here's where it got *really* good. I went torepparttar 116936 page and, lo and behold, I found a list of e-mail addresses of this company's clients! They didn't listrepparttar 116937 complete extension (.com, .net or whatever) butrepparttar 116938 rest was there.

Wait a minute! Don't they have a privacy policy? I wouldn't want to have *my* e-mail address plastered there forrepparttar 116939 whole world to see. How unethical!

I slowly scrolled downrepparttar 116940 page and certain things caught my attention. I recognized 10-15 names as Internet business owners, several of whom are quite well-known. So I e-mailed 8 of them to ask if they've really invested money with this company and, if so, whether or not it was a good investment.

I wasn't surprised to learn that, ofrepparttar 116941 4 people who have replied to me so far, *none* of them has ever heard of this company, much less invested money with them. (I e-mailed them less than 48 hours prior to this writing, so hopefullyrepparttar 116942 remaining 4 will reply to me soon. But I don't expect their answers to be any different.)

I also noticed as I scannedrepparttar 116943 listing of "clients" that approximately 75% ofrepparttar 116944 e-mail addresses looked like this:

admin@ info@ support@ subscribe@ webmaster@ comments@ orders@ sales@ newsletter@ unsubscribe@

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