
Online Auction Fraud
Online auction fraud occurs when a seller or buyer deceives others in an online auction environment. This can involve sellers listing non-existent or misrepresented items, using fake photographs, or failing to deliver goods after payment. Conversely, buyers may use stolen credit cards or make fraudulent purchases. Victims often lose money and struggle to recover their losses. It’s important to research sellers, read reviews, and verify transactions to minimize the risk of falling victim to such scams. Always use secure payment methods and be cautious of deals that seem too good to be true.