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Auction fraud is huge

Posted on Aug 18, 2006 by Tom Fragala

Auction guy

It’s not news that Internet auctions is a huge business. So is auction fraud. In 2005, it was the second more reported fraud complaint, after identity theft, according to the FTC. There are lots of ways you can get burned in an auction on a site like EBay. One of those is counterfeit stuff. Ted has a post on his blog on How to Spot a Counterfeit on EBay.

Photo by jansun.



Filed under: Fraud

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