Retail and Auction fraud

by Grace, River, Hanna, and Anton

Auction fraud

Defination

when a buyer doesn't receive there good or a seller does not receiving payment.

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.

preventing it

  • Make sure you understand how the website’s feedback function works.
  • Check the item's description carefully and ask the seller questions
  • Check the URL in the web browser. to make sure its not a fraud site.
  • Read the terms and conditions carefully
  • research your seller/ buyer.
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Summary

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 computer