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New Bot-Powered eBay Scam Uncovered

In the latest, crooks are using bots to create bogus eBay accounts that boast trustworthy profiles in a new scheme to rip off buyers.

Scammers are using bots to create bogus eBay accounts that boast trustworthy profiles in a new scheme to rip off buyers, a security company said Monday.

The scam, said Sunnyvale, Calif.-based Fortinet, is a new twist on an old con where criminals set up bogus auctions, rake in the proceeds, and then scram, never intending to ship anything to buyers.

Long-time eBay users, however, have gotten wise to such double-crosses, and have learned to avoid auctions where the seller has little or no transaction record and/or little or no buyer feedback.

The new dodge, however, makes that defense useless.

According to Fortinet, the racket uses a bot to create a large number of fake accounts, then applies a spider to scavenge eBay for 1-cent "Buy Now" items, then purchase them.

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