ebay Scam - No Free lunch
When it’s too good to be true…
Wired has an article on a recent burst of eBay scams offering free or overly cheap goodies. To quote: The eager bargain hunter is told not to bid on the item, but is directed instead to sites like My3Mobile, The Phone Matrix or Goraks.com, which offer iPods or cell phones as free gifts when products like CDs or eBooks are purchased.
The catch is that buyers only get their free iPod after more people sign up. When making a purchase, the buyer’s name is added to a list. As new members join, names are shuffled up the list. When they reach the top, the iPod is dispatched
To speed up the process, buyers are often encouraged to recruit new members to join the scheme. And that’s where all the eBay posts come from: Victims are using eBay to recruit new members.
Read the original article HERE.