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Internet scams are by no means a recent phenomenon, but certain scams come back again and again. Here are five popular Internet scams that you should be on the lookout for.
1. Auction fraud. Sure I love cheap stuff on eBay as much as the next guy, but that ’73 Collectors Edition Elvis Plate you’re bidding on might not be that great of a deal. Fake and stolen merchandise aren’t uncommon; even a Certificate of to make you pay more. If you notice a repeat bidder on a seller’s auction history, something’s probably up. One more tipAuthenticity doesn’t necessarily mean anything. As ebay Scam Watch puts it, “If a seller is willing to misrepresent a fake item as real, then what is the big deal of throwing in an authentic looking certificate?” Another scam is the “shill” scam: A seller wanting to drive up the price on his auction may bid himself or have his friends bid, just
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