Online Marketplace Scams

May 26, 2023

Online marketplaces provide great options if you're looking to buy gear or sell your stuff to earn some extra cash. Avoid online marketplace scams by staying vigilant. The scammers are getting craftier, and we must be one step ahead to protect ourselves and our hard-earned money.

Here are a few tips to stay safe:

  • Take to Do Your Research: Thoroughly research the seller and the platform before purchasing. Take a look at reviews, ratings and any red flags that may indicate a scam.
  • Trust Your Instincts: Deals that seem too good to be true probably are. Trust your gut feelings and be skeptical of unbelievably low prices or sellers pressuring you for immediate payments.
  • Verify Payment Methods: Use only trusted and secure payment platforms. Don't wire money or use methods that lack buyer protection. Make sure the website addresses have a secure connection.
  • Protect Your Personal Information: Do not share sensitive personal information unless it is absolutely necessary. Scammers may attempt to steal your identity or impersonate legitimate sellers.
  • Report Suspicious Activity: Report scams or suspected fraudulent behavior to the platform or website administrators and the local authorities. You can help protect others from falling victim to the same fraud.

Check out Buckeye's Security Awareness hub at buckeyebank.com/buckeye-security-awareness to learn more ways to protect yourself and your business.