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.
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!