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Watch Out For Fake Ebay Escrow ScammersThankfully, online auction scams don't happen very often. But when they do, it causes distress, anger and serious concern amongst the eBay community.But before we all panic, let's just remind ourselves that the vast majority of eBay users are polite, honest and reliable people. However, one area, that has caused some concern recently, is that of fake escrow accounts. For those of you unfamiliar with the escrow arrangement, the following brief explanation might help. But if you're already an escrow expert then please bear with me at this point. A reputable escrow agent acts as an intermediary between buyer and seller. Such an agent is normally used only in high value transactions. From the buyer's viewpoint, he doesn't want to send a large payment and then find that his purchase never arrives. The seller, on the other hand, is concerned about being tricked into sending his valuable item and then not receiving payment. The solution is to use an escrow service and this arrangement satisfies both parties. So the buyer pays his money into the escrow account. The seller, having been notified that the escrow agent has received the funds, can then ship the goods, happy in the knowledge that the agent will soon send him the buyer's payment. The escrow service providers will make a charge and this is usually added to the buyer's total payment in the same way as a shipping cost. So where does it all go wrong? Unfortunately, a dishonest buyer simply sets up a fake escrow account. The auction will end in the normal way. The buyer then tells the seller that they've set up the escrow arrangement and transferred funds to the escrow account ready for payment. The seller then visits the escrow site, sees that everything appears to be in order and is happy to send the goods. Time passes but no payment is deposited into the seller's bank account. The worried seller now sends an email to the escrow service to find out the problem. But no response is received. Now realising that something has definitely gone wrong, the seller visits the escrow service's website only to discover that the site has disappeared. The buyer had simply set up a bogus escrow service that was so convincing that it looked totally genuine. Intelligent crooks can now create a fake escrow site that looks sophisticated and professional. They may even feature a Verisign Secure, TRUSTe or BBB logo. To the innocent observer, such a site is very convincing. So how do sellers protect themselves when selling their expensive items? The following suggestions should ensure that you never fall victim to the escrow scammers. 1. Make sure that YOU choose the escrow service. Don't leave this decision to your buyer. You can, of course, choose any escrow agent you wish but eBay have a recommended list (see below). I have always followed these recommendations and never experienced any problems. - www.escrow.com - www.tradesecure.com.au (for Australian users) - www.iloxx.de (for German users) - www.escrow-europa.com (for Italian and Spanish users) 2. If you think it's necessary, make your own checks on the escrow company to confirm that it's legitimate, fully licensed and well established. You could telephone them and ask to speak to the individual responsible for account administration. If you're not completely satisfied then steer well clear! 3. Today's scamsters can give you the impression that you're dealing with a legitimate escrow website, when in fact it's a fraudulent trick. So satisfy yourself that the site you're using is the one you think it is. You can check out the site's domain registration using such tools as WHOIS (www.whois.sc) or try Network Solutions' look-up tool (www.networksolutions.com). These will tell you when the domain name was registered. If it's a recent registration, say just days or weeks old, then probably the site is not legitimate. Also, if the registrant is based in a different location to where the escrow company purports to be, then BEWARE! 4. Never be tempted to wire money to the escrow company to make a payment. Escrow.com states clearly on its website that it does not accept payment through Western Union or Money Gram. 5. Although an escrow service obviously adds additional expense and effort to your auction transaction, don't be persuaded by your trading partner into not using one. Also, NEVER decide to conclude your transaction outside of eBay. If something did go wrong, you would then have no protection whatsoever. It's my view that the legitimate escrow agent provides an extremely useful and essential service. Remember that eBay recommends the use of an escrow agent for purchases over £250 but you can use it for any level of purchase. It's your decision. But, like everything else in the trading world, do your homework and be prudent. For more information on escrow services visit eBay's own excellent information page at: http://pages.ebay.co.uk/help/community/escrow.html Finally, another very useful site, which is a database of fraudulent escrow sites, can be found at: www.sos4auctions.com. Safe trading…until the next time. About the author: With some 30 years of business experience, online auctions and information marketing have now become my passion. Get the Salesplease Search Newsletter for marketing strategies that produce results and information on online and offline opportunities that will increase your bank balance. You'll receive some valuable FREE immediate bonuses. For further details: http://www.salesplease.com Circulated by Article Emporium SEO - Natural Linking Strategies Search Engine Optimization (SEO) can be the difference between a small, barely profitable or visible website and a traffic magnet website. There are a lot of ways, both good and bad, to influence the search engines. Some search engines react to certain strategies better than others... Watch Out For Fake Ebay Escrow Scammers Thankfully, online auction scams don't happen very often. But when they do, it causes distress, anger and serious concern amongst the eBay community. But before we all panic, let's just remind ourselves that the vast majority of eBay users are polite, honest and reliable ... The Search Engine Optimization Secret That Everybody Ignores Search engine optimization is a very critical task in the success of any website. In recent times search engines seem to have complicated this task further by their frequent changes in rules. This has caused lots of anxiety as some of these changes have seen some sites lose virtual... Get Better Search Engine Rankings with RSS RSS is the latest craze in online publishing. But what exactly is RSS? RSS or Rich Site Syndication is a file format similar to XML, and is used by publishers to make their content available to others in a format that can be universally understood. RSS allows pub... There Should Be More to your SEO Consultant Than Rankings There Should Be More to your SEO Consultant Than Rankings By David Leonhardt, SEO Consultant Perhaps one of the biggest misconceptions in SEO is that ranking at Google and Yahoo is all that counts in search engine optimization. Potential clients come to me with a sin... Blogs and RSS Boost Your Online Business, Rankings, Traffic and Sales. Blogs for Advertising? Yes! Blogs and RSS boost your online business, rankings, traffic and sales. We all sometimes ignore the trends in advertising on the internet until the masses are allready doing it. That is why I felt compelled to right this article and hopefully ... Find Powerful Keyword Phrases in Five Easy Steps! 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Have you been looking for the latest and accurate advice concerning laboratory equipment . When you're trying to find top-quality information relating to laboratory equipment , it'll be complex separating value packed information from ill-equiped laboratory equipment submissio... Tag, You're It ! (Or, How To Write Slogans) 3) Write down everything you can think of that relates to your business. You may even start with a narrative description in paragraph form. 4) Now, make a list of the top 25 or 30 things that are important and worth mentioning. Whittle that list down to 8 o... 7 Powerful Ways to Get One-Way Inbound Links Copyright© Trent Brownrigg www.work-at-home-jobs-iowa.com I grant permission to publish this article, electronically or in print, as long as the bylines are included, with a live link, and the article is not changed in any way (grammatical corrections accepted). <... How to Use Articles to Increase Web Site Traffic! How to Use Articles to Increase Web Site Traffic! - Mark Williams © A simple technique to increase web site traffic is using articles. Just imagine… Hundreds, even thousands, of theme-related sites having one-way links to your site! What would that do for you... How Golf-Specific Strength Exercises Can Enable Women Golfers to Play Exceptional Golf Is your driving distance going down and down? Does your back hurt after a round of golf? Do you feel like you've lost power in your golf swing? Improving your strength specific to golf may be the missing link. Golf is no longer just the leisure game it used to be. It is no... Article writing and making a name for yourself on the net There has been much written and discussed about how you can distinguish yourself and generate traffic to your website through article writing and submission. However I wanted to make some comments and give you an insight into my story and that of several of my web friends who have ...
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