Many of us who use the Internet regularly may have our own suspicions over the most common form of Internet fraud, but according to the Federal Bureau of Investigation (FBI) and other watchdog organizations, the most reported incidents of Internet fraud involve the online auction trade. People who use online auction websites often report cases of fraud such as failure to deliver merchandise, misleading descriptions of products, and providing false or deceptive business contact information. Internet fraud involving online auction sales makes up at least 60% of all reports forwarded to the FBI and Better Business Bureau.
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