Consumer Reports

5 tips to avoid fraud on Facebook Marketplace and other online reselling sites

According to some reports, consumers have lost more than $2.7 billion to social-media scams since 2021

NBC Universal, Inc. Sergio Flores with NBC 7 and Telemundo 20 Responds has more on how to protect yourself from sales that seem too good to be true.

It’s that time of year when yard sales and flea markets spring up, or at least they used to.

Nowadays, much of that second-hand selling has moved online year-round to sites such as Facebook Marketplace. Sure, they can be convenient places to find great deals, but as Consumer Reports explains, there are some safety steps you need to take before you meet up to finalize an online sale.

People buy all kinds of stuff from their "neighbors" on Facebook, but, along with getting a good deal using social media, you can also get scammed.

According to some reports, consumers have lost more than $2.7 billion to social-media scams since 2021. Some scammers lurking on Facebook Marketplace aren't after your money. They want your data.

  • Tip No. 1 Never share personal information like your address, email or phone number. Only communicate through Facebook Messenger
  • Tip No. 2 Think about where the sale will take place. Meet in a public, well-lit area; never give your home address. Consider a police station parking lot — some even have designated parking spots where security cameras watch marketplace meet-ups
  • Tip No. 3 Never exchange cash. Facebook Marketplace recommends a secure person-to-person payment, but even with those, Consumer Reports said, you should still take care to prevent payment mistakes
  • Tip No. 4 You always want to ensure you’re sending money to the right person before you send the full amount. So here’s a tip: send a $1 test payment first, then make sure that person received it. For large purchases like a car, pay the old-fashioned way with a cashier’s check — a peace of mind way to secure your purchase and safety.
  • Tip No. 5 Another warning about secondhand sales is that Consumer Reports says do not buy a used infant or child car seat, because you won’t know if the seat was involved in a crash. Also: If the labels and instructions aren’t available, you can’t quickly check for recalls or the seat’s expiration date
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