Always Watch Out For eBay Fraud
The Internet is a hotbed of fraud and criminal activity and the uninformed Internet surfer can expose themselves to some serious problems. The industry that has grown up around preventing and monitoring Internet fraud is itself a multi-billion dollar industry, if that gives you any idea of the magnitude of the problem. One of the prime spots for Internet fraud is the online auction site eBay. With thousands of financial transactions a day and millions of people entrusting their personal and financial information to eBay, the online auction giant has been just as active in creating and developing new methods of Internet security as it has developing new ways to create business. There is not just one form of eBay fraud as eBay fraud takes on many different methods. But there is one very popular form of eBay fraud that is still being practiced today and even though eBay is committed to fighting these online criminals you still need to watch out for the most popular forms of eBay fraud and avoid falling into their trap.
The most popular form of eBay fraud begins with an email that seems to be from eBay. This email tells you that eBay needs you to log into your account and confirm your personal information for their records. This is eBay fraud and this email did not come from eBay. Any email that asks you to click on a link in that email and to log in to a site that will ask you for personal information is a fraud. If you get an email like this, report it to eBay immediately so that they can try to find the criminal and stop them. If you click on the link and fall prey to this eBay fraud then you will experience a sequence of events that you will spend years trying to correct.
It Starts With Your eBay Account
The first thing the criminals will do is change your password so you cannot get into your account. They will work quickly because they are going to assume that you will be reporting your problem to eBay. They will post bogus auctions from your account designed to rip people off and your account will get the blame for them. Then eBay will start sending your emails to your email account that will not make any sense to you and the fun does not stop there.
The criminals will also get into your personal data that you entrusted to eBay and they will start taking as much of your personal information as they can. If you own a Paypal account they may try to hack into that as well. It is an ugly cycle that can all be avoided if you just stop and think for a moment about eBay fraud and turn these criminals into eBay to try and stop them.
