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How to bid smart & play safe.(online auctions)
With 100 million items for sale--everything from a 99-cent fruitcake recipe to a $235,000 Ferrari--eBay is the king of online auctions. But almost half of eBay buyers surveyed by the Consumer Reports National Research Center said they'd encountered deceptions. Some sellers took their money and ran, failed to disclose key details about merchandise, or overstated its condition.
Our findings echo those of the Federal Internet Crime Complaint Center, which last year logged roughly 39,000 consumer complaints about Internet auction sites that were serious enough to merit criminal investigation--more than any other type of online fraud.
Deceptions aren't the ...
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