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Online auction sites – should you trust them?

Online auction sites – should you trust them?. By: Ciara Kroeker ITGS . Online Auction Sites . Has become more popular Millions of items for sale 24/7 Accounts for roughly 48% of online fraud Fraud- Digital Citizenship, not ethical or legal~ ~How? Not getting item/broken, fake checks.

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Online auction sites – should you trust them?

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  1. Online auction sites – should you trust them? By: Ciara Kroeker ITGS

  2. Online Auction Sites • Has become more popular • Millions of items for sale 24/7 • Accounts for roughly 48% of online fraud • Fraud- Digital Citizenship, not ethical or legal~ • ~How? Not getting item/broken, fake checks Criterion A

  3. Stakeholders • Individuals are being targeted • Scams can be so realistic • They put trust into sellers (Ratings and Reviews) • Buy and sell ANYTHING • Can get more money stolen

  4. How it works?! • Most auction sites are alike- Buy/Sell • Some sites make you pay to sell • Insert pictures, Costs for Ebay • Craigslist: Local buying, pick up themselves • Ebay: Worldwide • Pay- Paypal, credit cards, • Being a good seller-http://online-auction-sites.toptenreviews.com/online-auction-sites-c120-video-1.html

  5. Social/Ethical concern: fraud • Merchandise may be misrepresented • Bidding / Ratings • Messages • Payments- Paypalencouraged, Wiring discouraged • Registering- Basic information, real?

  6. Positives & negatives • Sellers +: Time saving Sellers - : Price • Information Scams • Guarantee/Honesty Costs to sell • Buyers +: Convenience Buyers - : Fakes • Price Scams

  7. Scams • Concern: Payment fraud, People use “Social Engineering” • Solution: Paying through Pay pal, learning about the seller • or • www.AuctionBlackList.com --- Sign up, and payment. • www.ReliaBid.com ---Sign up, and payment • Video:

  8. Work cited • http://www.scambusters.org/Scambusters43.html • A Gift of Fire – Pg. 283-285 • http://voices.yahoo.com/online-selling-amazon-vs-ebay-vs-craigslist-5411753.html • http://pages.ebay.com/help/pay/methods.html • http://auctiontradingtips.co.uk/auction-sellers-advantages-disadvantages/ • http://www.atg.wa.gov/InternetSafety/OnlineAuctions.aspx • http://online-auction-sites.toptenreviews.com/online-auction-sites-c120-video-1.html

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