Tuesday, May 27, 2008

Victims turn vigilante in hunt for eBay conmen

The world of online auctions is becoming as notorious as the Wild West. Unscrupulous thieves con innocent buyers and the authorities seem powerless to intervene.

Fraudtracking.com, a campaigning website, estimates that British customers are losing £500,000 a day through fraudulent transactions on the various auction sites, but there were just 70 convictions for online auction fraud last year.

However, there’s a new posse in town, a group of UK cyber-vigilantes intent on running the internet auction cowboys out of town.

complete story at Times Online

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