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Buyer Scams Online

 
 

Online Buyer Scams:

Following are a few ways in which unscrupulous buyers can attempt to cheat unsuspecting online sellers. The scenarios described below are just to give you an idea of how some of the popular scams work and some general advice on how to protect yourself. Ultimately buying and selling online is similar to that in everyday life and ordinary caution and common sense must be exercised when transacting over the internet.

  • Stolen Credit Card Fraud:

    If the buyer makes a payment via a stolen credit card, the money may later be recovered from the seller even though they have already shipped the item to the scam buyer leaving the seller out of pocket.To protect yourself be wary of buyers who demand you send the merchandise immediately. They may want to get their merchandise before the bank discovers that they used a stolen credit card. If the buyer does not have a high feedback score and you have not dealt with them before it is advisable to request payment via Paypal so a Paypal dispute can be filed if things go wrong. If you believe the buyer is acting suspiciously, you can alert Tazbar support via email. In the event of the payment being recovered from the seller's account as being made from a stolen credit card, you can file a dispute via the Tazbar dispute console so that action can be taken against the buyer's account.

  • Cashback Fraud

    The fraudster purchases an item online and pays far more than the asking price for it via cheque or banker's draft. He then asks the victim to cash the cheques /draft and refund the difference once the funds have cleared. The fraudster pays via a stolen or fraudulently issued cheque/ draft. What the victim does not know is that the banks are entitled to reclaim the value of the cheque if it turns out to be stolen or issued fraudulently, often weeks later even after the funds have cleared. However the refund granted by the victim, as it isn't fraudulent cannot be recalled. The victim cannot be reimbursed by the bank for the loss therefore the victim not only loses the refund amount but often the item they were selling as well.To prevent this , be wary of buyers who are evasive, do not wish to speak to you on the phone, give an exact address or wants to deal with you via a third party, often the 'shipping agent. Be wary of buyers who offer to pay more than the asking price or want you to make a payment to a third party.

  • Payment Reversal or Chargeback Fraud

    This type of scam shows us that it is important not to accept any form of payment other than cash if the buyer is to collect the purchased item.

    The buyer buys from a local seller and upon winning the auction will contact the seller to arrange a time to collect the item purchased. Usually the scammer will make use of telephone or personal email rather than the Ask the seller a question facility (ASQ) so there is no record of them requesting collection from the seller. The scammer will fabricate an excuse to pay for the item using PayPal shortly before arriving to pick up the item. The item is collected so there is no 'proof of postage' i.e. evidence that the seller actually dispatched the item. Once the criminal has the item in their possession, they launch a complaint with PayPal for non-supply of goods and succeed in having the transaction reversed because the seller cannot prove that they have actually delivered the item. The victim will learn of this scam when they receive an email from PayPal indicating the transaction has been reversed. In many cases, PayPal has refused to compensate the seller for the item.So it is important not to accept any form of payment other than cash if the buyer is collecting the item.

  • Bid Shielding :

    This is a buyer scam where a bidder uses their own account or asks his/her friends to place multiple bids on an item to increase the selling price and use it to ward off competition. The high bids are then retracted at the last minute letting the scammer win the item at a low price. To prevent this from happening Tazbar has time restrictions on bid retractions. A buyer can only retract a bid within 30 minutes of placing it and cannot retract a bid in the last 30 minutes of an auction. Sellers are not obligated to accept bids if they uncover a common theme or do not trust the bidders while the auction is active. They can cancel bids and block bidders from live adverts.

  • Failure to pay:

    Scammers can pay via fake money orders, bounced cheques, stolen credit cards, or a number of other methods, the buyer gets the goods and leaves the merchant with nothing in return. The most important point to remember here is never to send goods until you have received cleared payment. You must check with the bank or paypal etc. to confirm that the funds have been deposited fully into your account. Be wary of buyers who demand you send the merchandise immediately. They may want to get their merchandise before the bank discovers that they used a stolen credit card. Sellers should try to accept smart payments like Google Checkout or Paypal, which cover the seller in the case of fraud. Items should never be sent to PO boxes or unconfirmed addresses. Merchandise must always be sent a physical address preferably one that is registered with Paypal.

  • The "Buy and Switch" Scam:

    The buyer gets the merchandise and returns a similar item that has been damaged, or a fake, with the claim that the item was not as described. The seller refunds their money, and is left with broken and unsaleable product.To protect yourself, take clear photos of your item before you send them. Take note of any markings and damage. Mark the item with a special light pen in an invisible place if possible. For soft toys , furnishings or clothing, you could sew a small coloured knot in the seam and photograph that. This method doesn’t prove that you’ve been scammed, but if the matter ever goes to a small claims court it is a preponderance of the evidence that counts.

  • Non receipt or Damage Claims:

    The only remedy against a claim for non-receipt of item is to always send the item via traceable means and to provide a tracking number when prompted by the dispute process. Damage claims are not always fraudulent as things do get broken in transit. But sometimes these claims are a result of the buy and switch scam, or careless handling by the buyer. A Tazbar dispute can be opened to address the issue and facilitate communication. If the item was adequately packaged and sent via recorded delivery a claim can be filed with the courier. If you are sending expensive or fragile items always insure them. If an item is sent insured , it can be traced and any potential damage in transit is covered. Be aware that some couriers don’t insure certain items such as ceramics. A bidder who refuses to pay a few extra pounds for insuring an expensive or fragile item must be informed in writing that they will be liable. Keep this correspondence for your own protection. You can also add this to the listing terms and conditions. Be wary of bidders who claim the item was so damaged they discarded it and demand a refund. An item even if damaged must be returned to the seller to claim a refund.

  • Contacting the police:

    Not receiving payment for items sold and delivered is an offence and as a last resort you can contact the police.Tazbar co-operates fully with all legal investigations. You can refer fraudalent users to Tazbar Support support@tazbar.net and then to law enforcement. If you are not sure whether it is a police matter, contact Tazbar Support first. For further information about contacting law enforcement click here.

 
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