ONLINE AUCTION SITES – SHOULD YOU TRUST THEM? BY: CIARA KROEKER ITGS.

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Presentation transcript:

ONLINE AUCTION SITES – SHOULD YOU TRUST THEM? BY: CIARA KROEKER ITGS

ONLINE AUCTION SITES Has become more popular Millions of items for sale 24/7 Accounts for roughly 48% of online fraud Fraud- Digital Citizenship, not ethical or legal~ ~How? Not getting item/broken, fake checks CRITERION A

STAKEHOLDERS Individuals are being targeted Scams can be so realistic They put trust into sellers (Ratings and Reviews) Buy and sell ANYTHING Can get more money stolen

HOW IT WORKS?! Most auction sites are alike- Buy/Sell Some sites make you pay to sell Insert pictures, Costs for Ebay Craigslist: Local buying, pick up themselves Ebay: Worldwide Pay- Paypal, credit cards, Being a good seller- sites-c120-video-1.htmlhttp://online-auction-sites.toptenreviews.com/online-auction- sites-c120-video-1.html

SOCIAL/ETHICAL CONCERN: FRAUD Merchandise may be misrepresented Bidding / Ratings Messages Payments- Paypal encouraged, Wiring discouraged Registering- Basic information, real?

POSITIVES & NEGATIVES Sellers +: Time savingSellers - : Price Information Scams Guarantee/Honesty Costs to sell Buyers +: Convenience Buyers - : Fakes PriceScams

SCAMS Concern: Payment fraud, People use “Social Engineering” Solution: Paying through Pay pal, learning about the seller or Sign up, and payment Sign up, and payment Video:

WORK CITED A Gift of Fire – Pg