
Report Auction Fraud. This kind of database approach is obviously only as good as the data, and since the site makes no mention of how many records they have, we can’t wholeheartedly recommend the service as it stands. Still, it’s a good idea anyway and one worth watching.
On average 12.5 million transactions were completed on auction sites worldwide every single day during 2004, or which 250,000 were fraudulent. That’s 250,000 auction fraud victims per day!!…Yes, 50p! That and just and a few moments is all it takes to consult the most up-to-the-minute, world-wide database and check that you’re not about to deal on-line with a known auction fraudster.





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