The Hazards of Online Auctions
As online auctions soar in popularity, so do reports of frauds -- fraud is consistently the number one complaint made to the Federal Trade Commission. For example, a few years ago, a southern California man bilked 30-40 eBay buyers out of $120,000 for undelivered merchandise. Digital cameras, laptop computers, flat screen televisions, and collectibles are often the subject of these scams. Here are some tips for avoiding problems when bidding.
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