Auctions and Online Buying

eBay and other online auction sites have dominated the way consumers buy goods. Since the majority of internet scams are from online sales gone bad it is even more important to know what auctions to be wary of. A few clues to look for when detecting an online scam include: low prices with high-end merchandise, negative feedback or spotty selling history, seller asking for funds in a foreign currency, and contact information that can not be verified.