Our Bikemart pages are a good way of selling unwanted items to like-minded cyclists, or of finding a bargain.
However, it’s important to remember that buying and selling privately can leave you exposed to fraudsters looking to pull off a con.
Here are some tell-tale warning signs that you could be dealing with a scammer.
- Money is transferred via Ukash, MoneyGram or Western Union. These systems are not intended for transferring money between strangers and will not offer you sufficient protection. There are numerous loopholes that can be used by scammers. For more advice on transferring money, read this advice from Get Safe Online.
- You’re asked to use the Friends & Family facility on PayPal. Again, this is not for use between strangers and will void PayPal’s money-back guarantee.
- You are sent or offered more money than the asking price. This will usually involve you being asked to send the balance back to the “buyer” or even allowed to keep the excess. However, the payment you receive (usually via PayPal, money transfer or cheque) will fail to clear and you will be left out of pocket.
- You’re asked to send your item to another country. While this doesn’t necessarily indicate a scam, it can leave you exposed, and is best avoided.