How do fraudsters use fake marketplaces to deceive buyers?

Fraudsters create fake marketplaces to deceive buyers by setting up websites that closely resemble legitimate ones, offering products at unrealistic prices, and using fake customer reviews to build trust. To verify legitimacy, buyers can perform checks such as researching the website’s domain age, checking for secure payment options, looking for contact information and business address, reading customer reviews on independent sites, and verifying business registration details if available. It’s also important to be cautious of deals that seem too good to be true and to trust your instincts when something feels off.