Friday, November 16, 2007

Another online scam to be wary of

From PC Magazine comes the report of a site that looks legitimate but is anything but: Discount Electronics Site Called a Scam.

Some good advice for any online transactions:

However, money orders are inherently less secure than other forms of payment, such as a credit card. The Federal Trade Commission's online shopping page recommends that consumers avoid using wire transfers when making online purchases.

"Wire transfers can be useful when you want to send funds to someone you know or trust—but they are not appropriate when you are doing business with a stranger," the FTC site says. "Why? If you wire money to buy an item from an Internet auction site—either through a money transmitter or directly to someone's bank account—and something goes wrong, it is very likely that you will lose your payment and have no recourse."

And this scam has an Indiana connection:
Garstecki even went so far as to try and track down the distribution warehouse in Ladoga, Ind.,
a town of approximately 1,000 people. "I talked to one woman, who said she knew everybody," Garstecki said. "She said she'd never heard of anything like that."

I know I have heard of Ladoga but I look it up on Google maps to be sure of its location