Avoid Fraud & Scams

 

 

You can sidestep would-be scammers by following these common-sense rules:

 

* DEAL LOCALLY WITH FOLKS YOU CAN MEET IN PERSON - follow this one simple rule and you will avoid 99% of the scam attempts. 

 

* WHEN BUYING OR SELLING, always meet in person to see the product and exchange funds.

 

* USE THE BUDDY SYSTEM: whether you’re selling or buying, bring a friend along with you to check out the item you are considering purchasing or selling. In addition to being a safety precaution, you’ll also have someone there to provide a second opinion on your potential purchase. 

 

* BE PREPARED TO NEGOTIATE: Most sellers price their items high, knowing that potential buyers may try to bargain. When purchasing an item, it doesn’t hurt to ask the seller if they’re willing to be flexible on the price. You may be surprised at the deal they give you! 


* NEVER WIRE FUNDS VIA WESTERN UNION, MONEYGRAM or any other wire service - anyone who asks you to do so is a scammer.


* FAKE CASHIER CHECKS & MONEY ORDERS ARE COMMON, and BANKS WILL CASH THEM AND THEN HOLD YOU RESPONSIBLE when the fake is discovered weeks later.


* KOKAKOS IS NOT INVOLVED IN ANY TRANSACTION, and does not handle payments, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification".

 

* NEVER GIVE OUT FINANCIAL INFORMATION (bank account number, social insurance number, eBay/PayPal info, etc.)

 

* AVOID DEALS INVOLVING SHIPPING OR ESCROW SERVICES and know that ONLY A SCAMMER WILL "GUARANTEE" YOUR TRANSACTION (for more information, do a google search on "fake escrow" or "escrow fraud").