Avoid scams when buying and selling online

People looking to unload a lightly used couch, still-in-the-box electronics, or even a used car gathering dust in the garage look to online classifieds. They’re easy to use and give sellers the opportunity to connect with lots of potential buyers. Sellers need to beware because imposter buyers troll these sites looking for victims they can lure in with a counterfeit check. The scammer tells the seller to deposit the check and wire back any excess money. Roles can also be reversed where con artists prey on buyers who bid on items using an online auction website or service. The money is sent but the buyer never receives the goods. Follow these tips to help avoid becoming a victim of the “internet purchase scam”.

www.wu.com/fraudawareness