Combating online fraud
Date: February 16, 2007Source: mybroadband.co.za
Focus has once again fallen on the need to combat online fraud as a Bidorbuy seller made off with over R 100 000-00 from buyers who never received their goods. Whilst many e-commerce sites turn a blind eye, Bidorbuy has taken proactive steps to nip this in the bud.
Bidorbuy gave the following account of the recent fraud case: “In a recent isolated case of alleged internet fraud, it is presumed that a seller has gone missing in action after having sold over R100 000's worth of goods on bidorbuy in a single day. The seller has been trading legitimately on bidorbuy for over a year and has previously concluded a number of successful sales with various satisfied buyers.”
“In August 2006 he applied to bidorbuy to become a verified seller, and after having passed the stringent velocity tests with bidorbuy he received a verified status. With no previous history or record of abnormal behavior there was no way that bidorbuy could have prevented or suspected any conduct unbecoming.”
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