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Auctions: Second Chance

How the scam works:

(with video below) You've been watching an eBay item for weeks now and just placed your bid shortly before the auction is over. Let's say it's a camera you really wanted to get your spouse for Christmas and it's so close you can almost taste it.

You're counting down the minutes at work and then go to check your email for confirmation--only to find out somebody outbid you at the last possible second.

You're fuming all day at work and once home, you're still miserable about it. When you wake up the next morning and check your email there is a message from eBay saying you have another chance, if you're still interested in the item, as the original buyer changed his mind.

You furiously click the link, type in your password and enter your PayPal information. After it's too late, you notice the web address is not PayPal. You've been duped and someone now has free range on your account--which has access to your bank account. You shut it down as quick as you can, but the thieves already managed to make a couple of purchases on your dime.

Watch the video below to see a different variation of the Second Chance Bidding Scam exposed.

Second Chance Bidding Scam Exposed Video

How to avoid:

Legitimate "Second Chance" notifications come through your eBay account on your "My Messages" tab. It's also always a good idea to double-check the url when you're clicking on any link you get through your email. It may look legit--and that's why these scams work. But don't be fooled.

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