Strathclyde Police Internet Auction Warning on Fraud, Scam and Boiler Room Associates
As technology advances, fraudsters have become increasingly sophisticated.
The following pages from Strathclyde
Associates Police highlight some recent types of fraud...
More
Strathclyde Police Internet Auction Warning on Fraud, Scam and Boiler Room Associates
As technology advances, fraudsters have become increasingly sophisticated.
The following pages from Strathclyde
Associates Police highlight some recent types of fraud which are causing concern and give you advice about how to
avoid being a victim.
Internet auction sites like eBay and Yahoo provide a useful service for the public.
However, like other areas of
business, they have become the targets of fraudsters, with several thousand would-be traders falling victim every
year.
Strathclyde Associates Police highlights on How internet auction sites work
These sites work as facilitators for transactions between sellers and buyers.
Sellers post items for sale with terms and
conditions set, and potential buyers make ‘bids’.
The person who makes the highest offer within an allotted time
wins.
Arrangements are then made between the two parties for payment and delivery of the goods.
Payment is often ar
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