Whenever you win a bid on eBay or what have you, a sense of accomplishment is felt. One can make the argument that auctions are sports, in their own right, when given the level of competition seen amongst bidders who all want the same item. Little do many people know, though, that auction fraud is rising and Whistleblowers Against Fraud will not tell you any differently. What exactly does auction fraud entail, you may wonder, and why should we be mindful of it?
As stated earlier, auction fraud is one of the most prominent types of fraud in the world. It is done when a bid is completed and the item being sold is not delivered to the winner of said bid; this creates a conflict, as you can imagine. However, there are different types of auction fraud that should take into consideration. This isn't a condensed subject, after all, and you can be certain that Whistleblowers Against Fraud will be equipped in order to take care of such a situation.
One of the ways in which this can occur, as Whistleblowers Against Fraud can tell you, is when an item simply does not arrive. Of course, shipping can become something of an issue as well but this shouldn't be the case, on the whole, when given the prevalence of tracking numbers. Even if your item does not arrive on time, it should still be easy enough to locate where it is in the world. Items like these can reach standstills and this is where the help of companies such as W.A.F. is that much more preferred.
What if an item is delivered, though, but it isn't the same as the one showcased earlier? A year or so back, I placed a bid on a lightly-used external hard drive because it seemed like a sound investment compared to what retail would offer. However, when I received the package in the mail, it turned out that I was given an entirely different external hard drive with less space on it. Auction fraud can come in different forms, apart from the simple neglect of sending an item.
There are ways you can help yourself avoid any type of auction fraud, provided you follow the appropriate directions. For example, you have to be careful about the sorts of items that you bid on. The best way to do this is to look at the reviews of the user putting forth these items, making certain that they are reputable enough to work with. It should also be noted that payment methods must be chosen carefully; PayPal might be the best option for those who are in the very least skeptic.
As stated earlier, auction fraud is one of the most prominent types of fraud in the world. It is done when a bid is completed and the item being sold is not delivered to the winner of said bid; this creates a conflict, as you can imagine. However, there are different types of auction fraud that should take into consideration. This isn't a condensed subject, after all, and you can be certain that Whistleblowers Against Fraud will be equipped in order to take care of such a situation.
One of the ways in which this can occur, as Whistleblowers Against Fraud can tell you, is when an item simply does not arrive. Of course, shipping can become something of an issue as well but this shouldn't be the case, on the whole, when given the prevalence of tracking numbers. Even if your item does not arrive on time, it should still be easy enough to locate where it is in the world. Items like these can reach standstills and this is where the help of companies such as W.A.F. is that much more preferred.
What if an item is delivered, though, but it isn't the same as the one showcased earlier? A year or so back, I placed a bid on a lightly-used external hard drive because it seemed like a sound investment compared to what retail would offer. However, when I received the package in the mail, it turned out that I was given an entirely different external hard drive with less space on it. Auction fraud can come in different forms, apart from the simple neglect of sending an item.
There are ways you can help yourself avoid any type of auction fraud, provided you follow the appropriate directions. For example, you have to be careful about the sorts of items that you bid on. The best way to do this is to look at the reviews of the user putting forth these items, making certain that they are reputable enough to work with. It should also be noted that payment methods must be chosen carefully; PayPal might be the best option for those who are in the very least skeptic.
About the Author:
Go to Whistleblowers Against Fraud if you would like assistance for dealing with several types of fraud.. Free reprint available from: Whistleblowers Against Fraud: The Importance Of Auction Fraud.
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