June 23, 2006, Newsletter Issue #22: Buying on Ebay
Tip of the Week
E-Bay is one source many people would think of, even if they had no intention to trust the seller. If you do buy from E-Bay, just make sure they have a high and consistent feedback rating. Some people and groups will create multiple accounts which all give each other positive feedback to boost their rating. Rating under 10 are to be considered very risky... But even if a seller gets a rating above 100, they could have done it with smaller items, just so they can perform one big sweep of pricey fraudulent auctions at the end... Their account will be deactivated soon after the fraud is reported, but then it might be too late. There are also reports of bogus Escrow companies, but we have no information on that.
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