Online transaction is a place where most of the fraud could take place as there is not much legal protection for the buyers. From the blog posted, we could see that victims that are caught in this scam do not know much on the procedure and safe guard to be taken.
Moreover, most of this online transaction fraud lured t
heir “prey” by offering cheaper price of the same product that sells in the market. Where buyer would do survey on caught by the low price that they could not found in elsewhere. However, sometimes victim falls as prey to this online
transaction fraud because of their ignorance and feel of greed. Victims come from all sought of profession has be falls as prey for being greedy as they are attracted to the “super low price” of the product and did not do any survey towards the authenticity of the websites.
In addition, some of this website lure their victim
using time constraint where they need to conclude the "great deal" in certain time. If the failed to do so than the deal will be off. Thus the victim would not have enough time to check for the authenticity of the website.
Besides that, consumers are not well aware of this type of online transaction scam. Thus, they would become easy prey for this con-man. On the other hand, some of the victims does not know which authority that they could refer to and make complaint of such scam. Thus, member of the society does not know much of this scam.
Thus, we should not turn our deaf ear towards this fraud that will cause member of the society to feel insecure towards the convenient of the online transaction that could affect most of the business for the genuine online sellers. Next time anyone who wanted purchase online, they should check on the authenticity of the websites, or online purchase from trusted sites to avoid falls as victim.
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