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EBay's Lack of Interest in Internet Fraud is Catching Up with the Auction Site

Make Money Online By Dave Porter

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Internet Business Opportunity (AXcess News) Reno, NV - UK-based Computing Which?, a consumer magazine, exposed Internet auction site eBay for its lack of concern over fraud and is calling on eBay to do something about it. But Computing Which? Magazine isn't alone. AXcess News receives at least 8 emails a day that claim to come from an eBay user asking us to click on the link and verify that we are offering a product.

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Free Money Known as phishing, these fraudulent emails are marked urgent. The same problem persists with eBay's online payment service, PayPal, which AXcess News contacted and closed that account due to the volume of phishers posing as PayPal. One fraudster was so brash they even usedAXcess News'name with a fake social security number to transfer cash to China, PayPal's consumer security service said.

Volunteer fraud investigator Bob at Bobbear.co. mail based job scams on web sites that Internet users should be aware of. As part of a Web 2. style community approach to improve security on the Internet, Secure challenged interested volunteer experts to carry out further research on other suspected money laundering web sites that will help to get them shut down. The best material sent to Bobbear.co. Secure.

Work At Home Business But in the case of eBay's auction site, its fraud is internal. Computing Which? says that eBay needs be more proactive in identifying counterfeit items offered for sale. It wants the auction site to warn customers about the dangers of fraud and to crack down on the unlicensed sale of medical products such as contact lenses.

This site and some of the articles on this site contain links to other resources and businesses on the Internet. Those links are provided as citations and aids to help you identify and locate other Internet resources that may be of interest, and are not intended to state or imply that RocketLawyer.com sponsors, is affiliated or associated with, or is legally authorized to use any trade name, registered trademark, logo, legal or official seal, or copyrighted symbol that may be reflected in the links.

Free Online Affiliate Program Last year, the "Lego Bandit" as he was dubbed, moved hundreds of thousands of dollars worth of stolen Lego and Star Wars dolls through eBay's auction site and it wasn't eBay that caught him, it was an alert security guard at a Portland Oregon area Target store.

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Auction Coin Money Paper A lot of the problems eBay faces come from its over-crowded pages, making it next to impossible to find links such as eBay's Safety Center, which Computing Which? says most consumers aren't even aware exists -let alone being toldthat they should even visit it.

Franchise Business Opportunity Jessica Ross, editor of the magazine, was quoted as saying, "Many people see eBay as a bit of fun, like Friends Reunited, and no one's denying that it's quick and easy to use. But there's plenty of opportunity for criminals to cash in too."

Best Free Online Affiliate Ms Ross went on to say that, "eBay needs to educate people about the dangers of using the site. This 21st century car boot sale attracts more than a few dodgy characters and gangs can 'earn' huge amounts defrauding everyday eBayers."

Blogging Money Thebillivard Computing Which? said eBay's online money transfer service PayPal was the safest method for customers to pay for goods because it doesn't involve revealing bank details. AXcess News thinks Computing Which?'s editor must have been too close to the ink bottle when she permitted that to be printed - as its flat out not true.

Best Home Based Business No one can have a PayPal account without having a bank account to transfer it to and that means setting it up that way whenyou first register. Or worse, you're putting your credit or debit card information in the account you create.

Affiliate Marketing Program While its true that the majority of fraud activities take place outside of eBay via phony email accounts - which are mostly PayPal related - I cannot recall eBay ever suing or filing a single criminal complaint against any - not one - fraudster using their company's name. The fact is, unless they [phishers]stole directly from eBay - they just don't care.

Money Site Thebillivard Com eBay too has had its own rash of problems with the money it collects not being turned over to the rightful owners. The company had questionable money market accounts which had at one time brought at least nine state securities commissioners into informally investigating the activity as "offering a security (mutual fund) without being registered" to sell securities in those states.

Online Business Opportunity In 2005, eBay had the highest charge-back ratio of any online ecommerce company on the Internet - world wide - and compared to the prior year's figures, it had increased over 150 percent in 2005.

Pay Per Click Affiliate While many websites use PayPal as a payment or transfer tool, AXcess News gives it "two thumbs down" and recommends users look into more secure payment options, like those offered by 2Checkout.com, which we rank no. 1 in online security - and reputability - as well as low rates.

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