BBC NEWS | Business | EBay users 'need to be streetwise'
BBC NEWS | Business | EBay users 'need to be streetwise'
The BBC talks with eBay Trust and Safety head, Garreth Griffiths about the risks of buying on eBay. Griffiths says that only about 0.01% of all eBay transactions are fraudulent, but many would argue that is a dramatic understimate of the acutal amount of fraud on the site because eBay only tracks the transactions buyers take the time to report as fraudulent.
While gumshoo doesn't track statistics on fraudulent transactions, we do keep statistics on the number of auctions that are flagged by our risk detection engine. Our records indicate that about 20% of auctions are risky enough to warrant additional research on the part of the buyer to ensure that they don't get ripped off. Click here to see the latest eBay auction statistics.
The BBC talks with eBay Trust and Safety head, Garreth Griffiths about the risks of buying on eBay. Griffiths says that only about 0.01% of all eBay transactions are fraudulent, but many would argue that is a dramatic understimate of the acutal amount of fraud on the site because eBay only tracks the transactions buyers take the time to report as fraudulent.
While gumshoo doesn't track statistics on fraudulent transactions, we do keep statistics on the number of auctions that are flagged by our risk detection engine. Our records indicate that about 20% of auctions are risky enough to warrant additional research on the part of the buyer to ensure that they don't get ripped off. Click here to see the latest eBay auction statistics.
posted by Craig at 8:04 PM
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