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Auction Sites Are Under the Watchful Eye of Homeland Security?

Avid online sellers all over the world, you better watch out. The eyes of Big Brother, aka Homeland Security, are keeping tabs on your every move. This is because there has been a growing rate of online theft.

How does it work?

There are many ways on how online theft steals goods. They may manually steal these from homes or work closely with syndicates. They will then offer these goods to as low as 70 percent of their market price. For example, if the most popular vacuum cleaner is selling at $400, you can actually buy them at around $200 or even less than that. They may also steal these goods from other sellers, offering the same products to customers. The goods, however, may not actually form part of their inventory.

Why do they do that?

Of course, they simply want the money that they can get from online selling. There are actually some of them who aren’t really chronic thieves; however, when they saw and feel the potential of online selling, not to mention the kind of anonymity it offers, they have become more confident to commit the crime. However, if you’re going to be more far-fetched with the approach and think more like any security personnel of the government, you would definitely believe that these cons are members of a huge syndicate that is providing financial assistance to several terrorist networks all over the world.

Are there any legal moves?

There have been three bills that were passed in Congress, but because of the pressing financial issues, they are still not yet voted. On the other hand, owners of auction websites are expressing their concerns over the matter, but there are steps to be followed before an online crime can be ruled. Nevertheless, once any of the bills passed, it may be considered as a federal offense.

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October 10, 2008   wired
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