Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Trade Me Reminds Kiwis To Watch Out For Scumbags

Following a slew of scams on unregulated online marketplaces, Trade Me wants to remind Kiwis about the importance of keeping themselves safe online.

Trade Me’s Acting Head of Trust & Safety, Logan Mudge, said he’d seen a scam involving a Facebook Marketplace user copying a Trade Me listing to list a stranger’s car for sale this week.

Mr Mudge said with online scams becoming more and more sophisticated, buying and selling on regulated online marketplaces has never been more crucial.

“This kind of scam simply doesn’t fly on Trade Me, and to be frank, you'd be a mug to try anything dodgy on our site. We have sophisticated systems in place and you leave deep electronic footprints on our site which can be traced.”

Mr Mudge said on unregulated online marketplaces like Facebook, users can create a fake account within seconds and list a high-valued item they don’t own for much less than it’s worth. Once they have a buyer and their money, they disappear. Deleting their account and leaving hard-working Kiwis thousands of dollars out of pocket.

“We don’t want scumbags like this using our site. That’s why we have a dedicated Trust & Safety team of 30 people based in Wellington who monitor the site around the clock for any scams or untoward behaviour.

“With our team based right here in New Zealand, you can trade confidently knowing we're available to contact on the rare occasion something does go wrong.

“While this morning’s example is a relatively straightforward scam, we are only going to see these swindlers become more cunning, mirroring techniques used overseas.”

Tips for buying safely online

If the deal seems too good to be true, it probably is.

It’s not a good sign when a seller tells you they need a deposit to import the product

Don't provide your contact details until the auction or listing is finished - a number of scammers try to contact you outside of Trade Me with elaborate stories

Don't send money overseas. Ever. Trade Me members are required to have a New Zealand bank account

When selling online, ensure payments have cleared in your bank account before releasing any goods.

Trade Me has your back with our Buyer Protection Policy. If someone purchases an item using Ping (our online payment system) and the goods are faulty, not as described, or don't turn up at all, Buyer Protection kicks in and we will refund them their money.

If anyone sees something that worries them we urge them to get in touch with us. There's a 'Community Watch' button on every listing that can be used to alert us to anything that doesn't seem quite right.

© Scoop Media

Business Headlines | Sci-Tech Headlines


RNZ: Housing Boom Could Get Worse, Economist Warns

Economists are calling on the Reserve Bank to reinstate lending restrictions, warning the housing market is spiralling out of control. More>>


Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>


NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>


Economy: Double-Dip Recession Next Year, But Housing Rolls On

New Zealand's economy is expected to slip back into recession early next year as delayed job losses, falling consumer spending, and the absence of international tourists bites into growth. More>>


Microsoft New Zealand: Microsoft Expands “Highway To A Hundred Unicorns” Initiative To Support Startups In Asia Pacific

New Zealand, 14 October 2020 – Today Microsoft for Startups launches the Highway to a Hundred Unicorns initiative in Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where 56 startups were ... More>>

Economy: NZ Small Business Recovery Continues In September

Xero, the global small business platform, today released its Small Business Insights (XSBI) for September revealing an uptick in small business jobs and year-on-year revenue growth in New Zealand. Nationwide, the average number of jobs in the small ... More>>


Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>

University of Canterbury: Proglacial Lakes Are Accelerating Glacier Ice Loss

Lake Tasman, New Zealand | 2016 | Photo: Dr Jenna Sutherland Meltwater lakes that form at glacier margins cause ice to recede much further and faster compared to glaciers that terminate on land, according to a new study. But the effects of these glacial ... More>>