Retail/Auction Fraud

Group 2

Retail/Auction Fraud

Retail/Auction Fraud is when a buyer doesn't receive the goods they payed for, the items are in bad condition, or it isn't shipped at all.

Retail/Auction Fraud Examples

-Buyers receiving goods late, or not at all.
  • -Sellers not receiving payment.
  • -Buyers receiving goods that are either less valuable than those advertised or significantly different from the original description.
  • -Failure to disclose relevant information about a product or the terms of sale.
  • How to avoid

    • Research the person who you are buying from by looking at reviews from other customers and feedback on the seller in general
    • Check the item's description carefully – ask the seller questions if you’re not sure of something.
    • Be extremely careful when buying things from people with little or no selling history.
    • Beware of people offering you a deal below the current bid or reserve price, especially if they contact you direct. Remember, if an offer sounds too good to be true, then it probably is.
    • Check the URL in the web browser. A tactic often used by fraudsters is to change the address very slightly (if they’re spoofing an eBay site, for instance, they may have an address such as ‘. . .’ whereas the real site is ‘. . .’)
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    Be careful with who you buy from and be sure to research the product and seller before you purchase and make sure you buy from reputable site and/or company.