Online Police Auctions
Police Auctions Fraud: How It Works
Police officers come across and confiscate various goods regularly. These are items that were stolen or bought with illegally-made money. Therefore, the local Police departments often organize auctions where it sells these items, usually for low prices, with all the proceeds going to a police charity. However, criminals found a way to take advantage of the game and came up with a very ingenious scam, which still happens these days.
They organize fake Police online auctions and then advertise them. They get people’s attention in order to pay for non-existent items by making them think they are getting great deals. The crooks even build websites, so they take the scam in the virtual world, where the number of potential victims is infinite. The scam has two variations. In the first one, the victims pay but never receive anything.
In the other case, questionable individuals claim to organize online auctions for seized items, create good looking sites and insist that all the objects are of high-end value and rare. They even send the actual products to the buyers who purchase them. In reality, all these items sent – mostly jewelry, brand name clothes, and other materials easy to ship – are nothing but cheap products made in Asia sold at ridiculous prices to victims who believe they’ve got amazing unique pieces.
Online Police Auctions Fraud: How To Avoid
Just ignore the ad. Police departments don’t typically advertise their auctions globally for public, but locally. The largest online police auction website is Property Room (see link below), which is ranked 281st on the Internet Retailer’s 500 List.
The company, founded in 1999 by former police officers and detectives, sells confiscated police goods and approved third party merchant merchandise to the highest winning bidder. You can access PropertyRoom clicking the link below:
Online Police Auctions Fraud: How To Report
Make your family and friends aware of the Police auction scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission using the link below:
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