What is it?
Victim selling item and receives counterfeit or charge back payment after giving item to purchaser. Alternatively, victim is provided with payment larger then asking price via cheque or wire and is instructed to return the difference to purchaser, after difference is provided the payment is discovered to be fraudulent.
Victim purchasing item provide payment for an item that is never received or payment information believed to be provided on a secure site is stolen and used for fraudulent purchases.
- Refusal to purchase with cash.
- Payment provided is more than the requested amount.
- Request to send funds before picking up the items.
- Sent a link to a website to make payment.
How to Protect Yourself:
- Only accept cash when selling item to an unknown individual.
- Do not accept payment for more than the agreed upon price.
- Do not send money to individual prior to receiving an item.
- Meet in person.
- Use only reputable sites when making online purchase.
- Contact Libro before sending money.
- If funds are provided, contact Libro.
- Report to police and the Canadian Anti-Fraud Centre.
- Report to site used for sale/purchase of item.