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Do You Know The Hidden Ebay Dangers?

Aug 17, 2007
Everything in E-bay seemed perfect: nice shopping portal, almost complete buyer's list, and a convenient place to do shopping online. In fact, it's too good to be true.

If this is the case, then it's time for the buyer's warning signal to go red alert because if things on E-bay seemed to good to be true, it probably is and may not even be worth the buyer's time and money.

There are lots of frauds and scams' going on in the Internet today and E-bay is not excused. So, it's important for buyers to detect early signs of fraudulent activities before it gets them. Here's how to do it:

1. Buyers should look for the seller's feedback section. If a seller has many feedbacks and almost 50% of it is negative, chances are transaction with this seller will turn out a hoax, even if the seller has provided positive replies.

2. Online shoppers should be aware of emails contending it's from E-bay and certifying some seller as a good one. It's already anomalous in the first place because E-bay does not send emails. Plus, E-bay would definitely not certify a seller even if he or she has a remarkable selling history.

3. Buyer should be aware of sellers that insist on wire transfers like Western Union as mode of payment. In fact, E-bay does not recommend their buyers to use wire transfer services. If the seller insists on it, then, no doubt it's a scam.

4. Buyer should also be aware of "too-good-to-be-true" prices. Chances are items that are priced way below their real prices are signs of imminent fraudulent activities.

5. Online shoppers should take note of phishing emails. These are emails that require subscribers to fill out forms provided in the email with warning statements saying the subscriber's account will be closed if the person concerned will not provide the required pertinent information. Once given, anomalous activities are on their way like identity theft.

6. Buyers should also be aware of sellers that let them pay the bid amount to wire transfers directly from the buyer's checking account. Worst, the seller contends that the given bank account is Escrow's.

7. Online shoppers should be weary of institutions claiming they are escrow but ask payments be made to a person instead of a corporation. This is a clear case of scam.

So, to shun away from probable scam attacks, it's a must for every E-bay buyer to keep these tips in mind. It's better to be safe than dumb.
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