New bot powered Ebay scam uncovered

Scammers are using bots to create bogus Ebay accounts that boast trustworthy profiles in a new scheme to rip off buyers, a security company said Monday. The scam, said Fortinet, is a new twist on an old con where criminals set up bogus auctions, rake in the proceeds, and then scram, never intending to ship anything to buyers.

Long-time Ebay users, however, have gotten wise to such double-crosses, and have learned to avoid auctions where the seller has little or no transaction record and/or little or no buyer feedback.

The new dodge, however, makes that defense useless. New bot-powered Ebay scam uncovered - Security -

Linked by shanmuga Tuesday, 1st August 2006 3:01AM