Early warning system when buying from an online auction.
Consumers can check the honesty of buyers and sellers at online auctions through a new service from Early Warning.
The organisation, which monitors online and credit card fraud and advises banks, retailers and the police, said this new online service at reportauctionfraud adds another tool to help people and the police combat online auction fraud.
Typical scams include sellers with non existent goods, buyers giving bogus credit card details or people selling stolen or counterfeit goods. Early Warning said its figures show these make up around one in 50 daily online auction transactions. Worryingly,this figure is rising because criminals find it so easy to get away with.