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As online shopping continues to grow, so do scams. Facebook Marketplace has become a common platform for fraudsters who use fake listings, fake payment requests, and high-pressure tactics to steal money from unsuspecting buyers and sellers. 

Scammers often post items for sale and ask for payment in advance or a deposit to hold the item. Once they receive the payment, they provide a fake address, and the sale never happens. To avoid falling into this trap, it’s important to never pay a deposit for items you find on social media platforms. Always meet in person to inspect the item before paying, and take your time making a decision. 

Another scam involves e-transfers. When selling an item on Facebook Marketplace, the scammer sends an e-transfer for the purchase. The seller is directed to a website that looks like their bank’s login screen. After entering their bank details, the scammer gains full access to the seller’s account and starts transferring funds. To protect yourself, set up auto-deposit for e-transfers, which automatically deposits funds without needing to log in to your bank. 

Scammers also frequently ask for a deposit to hold an item. After receiving the deposit, communication may stop entirely, and the seller disappears with the money. It’s crucial to remember that if something sounds too good to be true, it probably is. Be wary of any offers that pressure you into paying upfront or making quick decisions. 

Creating a sense of urgency is another common tactic. Scammers claim that buyers must act quickly or risk missing out on a deal, putting pressure on them to make impulsive decisions. It’s important to take your time and avoid letting a sense of urgency force you into making decisions you’re uncomfortable with. 

Some listings on Facebook Marketplace may appear legitimate, but scammers may take down the site after they’ve received payment. Always check the credibility of the listing and trust your instincts if something feels off. 

Additionally, scammers sometimes use fake payment links, asking buyers to send money through external links for processing fees or shipping costs. Avoid providing payment details to unknown parties or through unofficial channels and always verify the legitimacy of the payment system. 

The most effective way to avoid these scams is to stay cautious and verify the legitimacy of listings. If something feels wrong, trust your instincts and walk away. Always meet in public places to inspect items before making payments and never share personal or payment information unless you’re certain of the seller’s credibility. 

Scammers continue to exploit platforms like Facebook Marketplace, but staying vigilant and following these steps can help protect you from losing money. 

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