Gavin Whittaker’s Guide to Internet Safety – Part Seven

image Guest writer Gavin Whittaker has written  an impressive series of ten articles, all designed to  help you navigate the Internet in safety.

We’re presenting Gavin’s highly informative articles, one each day, over the course of ten days.

Here’s the seventh part of the www.speeddemonit.co.uk guide to:

  • Protect Yourself from Fraud
  • Highlight the Common Internet Scams
  • Give You the Knowledge & Confidence to Avoid these Online Scams

Today we focus on how criminals use online auctions to con us out of our auction items.

Online auctions sites, such as eBay, are unfortunately rife with fraudulent activity. It affects not only the buyers but the sellers too.  Not only does this spoil the online auction fun for the rest of us, but it means we constantly have to be on our guard.

The most common scam is to target sellers overseas.  The buyer may offer to pay you by check, or ask you to ship the item to an address different to that confirmed against the credit card being used to pay for the item.

Of course, the communications from the other party may seem all very genuine and friendly.  You have no reason to suspect that in a few weeks or months , it all turns out that you’ve been paid with a stolen card, or a check that never cleared properly….problem is, you shipped the item , spent the money and unfortunately, you’re going to be out of pocket soon too!

This is because banks usually credit funds from deposited checks to an account within a few working days – the money has been cleared for value however does not mean the money actually belongs to you yet.  The source of the check (i.e. the foreign bank) has to clear the check for ‘fate’.  This can take some time, and usually means because you’ve been scammed and have spent the money that appeared to clear so soon …the bank can claim it back.

The other con is when you ship internationally to a different address to that of the credit card.  The ‘story’ the buyer may spin you as to why they need the item to a different address may sound very convincing, however, whether they pay by card, by PayPal, check – stick to your guns and only ship to the correct and verified address…or better still, don’t take the risk – re-list the item and only sell to someone in your country with lots of great feedback and a high feedback score.

Tune in tomorrow for Part 8 – The Trojan Horse – Avoiding Internet Fraud for Beginners.

Guest writer Gavin Whittaker is an IT Author,  Consultant and Trainer, and a Member of the Technology Channels Association.

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3 Comments

Filed under Don't Get Scammed, Don't Get Hacked, Guest Writers, Internet Safety, internet scams, Internet Security Alerts, Online Safety, Windows Tips and Tools

3 responses to “Gavin Whittaker’s Guide to Internet Safety – Part Seven

  1. Pingback: Computer & Internet Security- The Preeminent Guide To Internet Safety! | Credit Card Options 4 You

  2. Adrian

    My friend got scammed by this method once… since then he hasn’t been on EBay… sad. 😦