Scams - Free-Classifieds
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Internet fraud involving free classifieds has become widespread affecting thousands of buyers and sellers online. These online classifieds scams are dangerous for both sellers and buyers.
The scam involves posing as a seller for an item that doesn’t exist and then billing a potential buyer for the same without making a delivery of the above non-existent item. The buyer loses money in the bargain. One can pose as a buyer for an item and is willing to pay more than the asking price for the item. In this case, the buyer pay through a forged check and the seller loses both the item and his money. Other classifieds advertise quick and easy weight-loss products, business opportunities, or using the home PC to earn money in one’s spare time. Some sites promote investment in 900 numbers since one can earn high profits by offering these services.
Many companies sponsor bulletin boards and chat forums for their products, which is nothing but disguised advertising. The online participants are unaware of this fact and may fall for the disguised sales pitches of these products. Other commercial online services provide chat rooms where subscribers can enter the rooms or forums for an online conversation. Companies for product promotion have used these chat rooms.
One can only be careful to avoid being taken for a ride by these classifieds. One must read the fine print in online advertisements and messages. One must avoid hyped up claims of products or extraordinary earning potentials of schemes. Any company sharing insider information should be avoided. Other companies in exotic lines of business are to be strictly avoided as also those, which promise cheap stocks making high returns.
Therefore, one must verify the product claims thoroughly before investing in any fancy schemes. Companies on the Internet are out to make a fast buck by duping innocent people. So one must remember that everything comes at a price and free classifieds may turn out to be too expensive in the end.
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