Safety Tips for Shopping Online

Please consider some of the following safety tips when you connect with buyers and sellers.

  • Always try to conduct transactions locally and meet potential buyers or sellers in person at a public place.
  • Never wire funds via Western Union, Moneygram or any other wire service. Anyone who asks you to do so could be a scammer.
  • Fake Cashier Checks & Money Orders are common. Banks may cash them and then hold you responsible when the fake is discovered weeks later and the check has bounced.
  • Never give out your financial information (bank account number, social security number, eBay/PayPal info, etc.)
  • MyNewMarketplace.com is not involved in any transactions and does not handle payments, guarantee transactions, provide escrow services or offer "buyer protection" or "seller certification."
  • If you suspect that an item posted for sale on MyNewMarketplace.com may be part of a scam, please email the details to . Be sure to include (simply copy & paste) the website URL in your message.

Recognizing Scams

Most scams involve one or more of the following:

  • Inquiry from someone far away, often in another country
  • Western Union, Money Gram, cashier's check, money order, shipping, escrow service, or a "guarantee"
  • Inability or refusal to meet face-to-face before completing transaction

Examples of Potential Scams

1. Someone claims that MyNewMarketplace.com will guarantee a transaction, certify a buyer/seller, OR claims that MyNewMarketplace.com will handle or provide protection for a payment.

  • These claims are fraudulent as MyNewMarketplace does not have any role in any transaction.
  • Scammer will send an official looking email that appears to come from MyNewMarketplace.com, offering a guarantee, certifying a seller, providing payment services -- such emails are fakes!

2. Distant person offers a genuine-looking (but fake) cashier's check

  • You receive an email offering to buy your item, sight unseen.
  • Cashier's check is offered for your sale item, or for your services.
  • Value of cashier's check often far exceeds your item - scammer offers to "trust" you, and asks you to wire the balance via money transfer service
  • Banks will often cash these fake checks and then hold you responsible when the check fails to clear, including criminal prosecution in some cases!
  • Scam often involves a third party such as a shipping agent, business associate owing buyer money, etc."

3. Someone requests wire service payment via Western Union or MoneyGram.

  • Scam "bait" items include apartments, laptops, TVs, cell phones, tickets, and other high value items.
  • Often claim that an MTCN or confirmation code is needed before he/she can withdraw your money. This is FALSE. Once you've wired money, it is GONE.
  • Common countries currently include: Nigeria, Romania, United Kingdom, Ukraine, Spain, Italy, Netherlands - but could be anywhere
  • Listing may be local, but landlord/owner is "travelling" or "relocating" and needs you to wire money to them abroad
  • Deal often seems too good to be true; price is too low; price is below market, etc

4. Distant person offers to send you a money order and then have you wire money.

  • This is ALWAYS a scam, in our experience - the cashier's check is FAKE
  • Sometimes this accompanies an offer of merchandise, sometimes not.
  • Scammer often asks for your name, address, etc for printing on the fake check
  • Deal often seems too good to be true

5. Distant seller suggests use of an online escrow service.

  • Most online escrow sites are FRAUDULENT and operated by scammers
  • For more information, do a Google search on "fake escrow" or "escrow fraud"

6. Distant seller asks for a partial payment upfront, after which they will ship goods.

  • Says they trust you with the partial payment.
  • May say they have already shipped the goods.
  • Deal often sounds too good to be true

7. Foreign company offers you a job receiving payments from customers, then wiring funds.

  • Foreign company may claim it is unable to receive payments from its customers directly.
  • You are typically offered a percentage of payments received.
  • This kind of "position" may be posted as a job or offered to you via email.
  • MOST OF THESE ARE SCAMS!

Visit Margaux Associates: Integrating public relation strategies that work! http://margauxpr.com