Buying Or Selling Online? Watch Out For Fraudsters
Whether you’re having a New Year clearout or scouting for bargains, keep your wits about you! Here are some important tips from scams.info.
In 2021, the number of people around the world shopping online hit 2.14 billion. During that same year, more than 35% of all scams identified worldwide were online shopping scams.
Pic: iStockphoto
Millions of people are currently turning to resale sites to buy or sell pre-loved items. This makes them potential targets for scammers. The experts at Scams.info (who vet online gambling sites) have provided some helpful tips on how to detect a scam so you can ensure you don’t fall for one.
1. Pay attention to the payment method
When shopping online, always making a payment through the website itself is crucial. Often online scammers might put pressure on a buyer not to use a site’s secure payment methods, but instead pay through a bank transfer before the product has been seen or received. Coming across such a seller should always raise a red flag!
Pic: Shutterstock
2. Demand current photos of the product
Whatever the pre-loved item you’re trying to purchase, demand that the seller send you a recent photo of it. Ask them to set the product next to a piece of paper with your name written on it, for example. If they’re unwilling to do so, chances are they don’t have the product at all, so don’t proceed with the transaction.
Pic: iStockphoto
3. Look out for extremely low-priced products
Products sold for unbelievably low prices are a definite warning sign. Do your research and look around other websites to check the average price of the product you’d like to buy. Remember: if the price seems way too good to be true, it most likely is!
Pic: Shutterstock
4. Check the seller’s profile
Ideally, the seller should have reviews on their profile from previous buyers that you could look through. Also be aware of too many positive reviews which sound the same. Inspect the profile carefully for anything that might look suspicious and if you see something, don’t risk buying from that seller.
Pic: Shutterstock
5. Decline overpayments if you’re the seller
While it might not happen too often, scammers may target sellers as well. They may pay more than the set price and then say they’ve made a mistake before asking for a partial refund. The seller will send the refund, only to discover the original payment had been cancelled. If a person is acting suspicious when you decline an overpayment and ask for the correct amount, it could mean they’re a scammer!
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