It appears scammers have invaded Facebook’s marketplace, posing a significant threat to unsuspecting buyers and sellers.
The rise in online shopping, coupled with the rapid growth of Facebook Marketplace as a prominent platform for buying and selling goods apparently has attracted the attention of fraudsters seeking to exploit vulnerable users.
While some products may be genuinely selling (at the right price), it is evident that some products which range from electronics to furniture, to vehicles, etc. are also mere projections of scammers who are looking for an opportunity to dupe their unsuspecting victims. This is evident through the amount some of these products are being sold at.
For instance, a Sony camera which sells on the average between GHC 5,652 to GHC21,542 is selling on the platform at GHC250. Also, a Samsung Galaxy S7 Edge which sells at GHC 3,465 has been projected by a user on the platform as selling at GHC400. Furthermore, a Samsung Galaxy A23 AGB which is selling at GHC 2,699 is selling on the platform by one user as GHC550.
However, in light of the surge in scams on Facebook Marketplace, consumers are advised to follow a few essential guidelines to protect themselves:
Verify Sellers: Check the seller’s profile for credibility, including reviews, ratings, and previous transactions. Be cautious of sellers with limited or no history on the platform.
Conduct Research: Before making a purchase, research the product, its market value, and typical pricing. If a deal appears too good to be true, it likely is.
Insist on In-person Transactions: Whenever possible, arrange to meet the seller in person and inspect the item before making payment. Exercise caution when dealing with sellers who refuse to meet in person.
Secure Payment Methods: Use secure payment options that offer buyer protection, such as PayPal or escrow services. Avoid wire transfers or direct cash payments.
Report Suspicious Activity: If you encounter a suspicious listing or suspect fraudulent behavior, report it to both Facebook and local law enforcement authorities.
By adopting these preventive measures and staying vigilant, users can help curb the prevalence of scams on Facebook Marketplace and protect themselves from financial loss or identity theft.