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I Have the Highest Bid - Tips to Prevent Auction Fraud  
TIPS ListAfterList List

Tags: Auctions, Ebay, Fraud, Internet Fraud, Auction Fraud, Internet Crimes, Cyber Crimes, IC3

Sometimes when you participate in online auctions you have a great opportunity to get a rare item for a great price. However, not all auctions go quite as smoothly as they are supposed to. Below are some quick safety tips to help you prevent auction fraud.

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  • Contact - Before you bid be sure and contact the seller
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  • Feedback - The feedback is there for a reason, so be sure and make sure that your seller has good reviews.
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  • Long Distance - When dealing with sellers in a different country from yours be sure and take the proper precautions.
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  • Policies - Be sure that you understand ALL refund, return, and warranty policies associated with the item.
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  • How Much? - Always calculate the shipping cost before buying. If the shipping cost is expensive it may not be that great of a deal.
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  • How to Pay - Be wary of sellers who will only accept wire transfers or cash. Pay Pal is a great option in protecting both the buyer and the seller.
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  • Escrow - if an escrow service is used be sure that it is legit
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  • Insurance - Think about insuring your item this simple task can provide you with some real reassurance.
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  • Unsolicited - Be cautious when dealing with unsolicited items.

    Lister: Andrea

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