Signs of Trouble: Preventing Counterfeit Scams on Vinted and Other Resale Platforms

WMaheen was thrilled to discover a new Dyson Airwrap listed on the resale website Vinted for an attractive £260. The seller had a stellar 5-star rating, and she felt confident in the buyer protection policy should any issues arise.

Airwraps are typically priced between £400 and £480 when bought new, but Maheen didn’t suspect anything amiss. “I’ve used Vinted numerous times and found it straightforward and hassle-free. I’ve never faced any problems,” she states.

However, after two weeks and roughly four uses, she noticed a troubling sign. “I saw the wires beginning to smoke, and the device felt unsafe,” she explains. Maheen reached out to Dyson and was instructed to send the Airwrap in for inspection.

The news confirmed her worst fears. “I received a letter from [Dyson] informing me that the product is counterfeit. They wouldn’t return it to me as it posed a danger,” she shares.

Maheen’s experience is not isolated. Almost 37% of individuals in the UK have encountered scams while engaging in online marketplaces like Facebook Marketplace, eBay, and Vinted, according to research by credit reference agency Experian.

Younger individuals are particularly prone to this type of fraud, with over half (58%) of Gen Z respondents indicating they have fallen victim to scams, contrasted with only 16% of those older than 55.

Nearly a quarter of victims reported losses ranging from £51 to £100, while 13% faced losses exceeding £250. A small fraction indicated that their losses fell between £501 and £1,000.

The most prevalent type of fraud encountered was receiving counterfeit goods (34%), the same fate that befell Maheen. This was followed by sellers requesting payment outside the platform (31%) and items not being delivered after payment (22%).

Scam Scene

It may appear to be a genuine product, with descriptions providing a convincing facade. Over half (51%) of fraud victims told Experian that they only realized they were scammed after the item was delivered and was found to be fake, or if the item never arrived.

The images might be sourced from other websites, potentially low-resolution or resembling catalog photos.

The price could be set lower than expected; if you begin asking questions, the seller may rush you into making a purchase and propose payment outside of the Vinted platform.

What to Do

Always diligently review the seller’s profile and read customer feedback before making any purchases on the marketplace. Aim to gather as much information as possible regarding the product prior to buying. For instance, request sellers to provide videos of their items. To safeguard yourself, utilize secure payment methods and refrain from making bank transfers.

In the unfortunate event of a scam, report it to the marketplace and seek a refund. You may need to provide a screenshot of the conversation, details about the seller or buyer, and potentially bank transfer documentation.

Although Maheen’s two-day buyer protection period on Vinted had elapsed, she believed she would reclaim her money since the item was hazardous. Nevertheless, she found it “incredibly difficult to communicate with them.”

She remarks: “It felt like I was conversing with a bot.”

With assistance from Guardian Money, she has now received her refund.

A representative from Vinted stated: “The vast majority of transactions on Vinted are successful, and our team is actively working to ensure a smooth trading experience for all members.”

“When disputes occur between buyers and sellers, we collaborate closely with our shipping partners, occasionally seeking further information or evidence to mediate before reaching a final decision.”

If appealing directly to the marketplace is unsuccessful, there are alternative steps you can take.

If you used a debit card, consider requesting a chargeback from your bank. If you paid via credit card, explore the option of a Section 75 charge, which is only applicable for purchases exceeding £100. For bank transfers, the process may be more complex, but you could be eligible for a refund using a new method. Fraud Refund Protection.

Source: www.theguardian.com

Counterfeit drugs alleviate PMS symptoms.

Placebo pills can have real effects through the power of suggestions

72 images / Aramie

Women with premenstrual syndrome appear to benefit from the placebo effect, even if they know they are taking Siamese medication. This suggests that we can provide cheap and simple treatments.

Premenstrual syndrome (PMS) with symptoms such as anxiety, mood swings, and abdominal cramps generally affects people with periods of time. Previous research has shown this Placebo pills can reduce symptoms It was unclear whether these benefits remained when people intentionally taking fake medications in women who think they might be taking real medications.

Antje Frey Nascimento The University of Basel in Switzerland and her colleagues recruited 150 women in Switzerland, ages 18-45. In a study that acquired symptoms of 27 PMS on a scale of 0 to 5, participants rated at least one symptom A 4 or 5 at the start of the study. Participants also reported that at least one symptom interfered with society, work, or school life and scored this confusion.

The researchers then randomly assigned a third of participants, taking two placebo pills daily in two menstrual cycles, and informing these people that they are taking Placbos. Another third of participants also took placebo pills, but received additional explanations on how placebo can alleviate symptoms through the power of suggestions and belief.

The remaining third of participants were not given a placebo, but all groups were able to take regular medication. All participants completed a daily survey of PMS symptoms and how much these lives interfered.

By analyzing survey data from participants’ last menstrual cycle, the team found that on average, those who took placebo without explanation, the intensity of PMS symptoms decreased by 50%. These symptoms were half that destroyed their lives.

Those who took the placebo in their explanation reported a 79% reduction in the intensity of symptoms and an 83% reduction in life disruption. “It’s a really big effect you’ll notice in your life.” Stephen Schmidt He was not involved in research at the University of Freiburg, Germany.

When people take placebo pills, they may unconsciously and consciously expect relief from the placebo effect. This appears to produce real improvements by causing the body’s natural release of painkillers, such as endorphins, Schmidt says.

“We live in a pill society where you have all the knowledge about how you get all the benefits of science in your body when you take them, so people expect to feel better,” he says. Emphasizing these potential benefits for people seems to increase their effectiveness, he says.

Despite not taking pills, the control group showed a 33% reduction in symptoms intensities, with 46% less destructive than before. “If you sign up for a study and complete these daily diaries, you can pay more notices when you feel better or when your symptoms improve, so you can see benefits without taking pills,” Schmidt says.

One limitation of this study, he adds, is the greater advantage of placebo effects, as those enrolled in the trial may be more open to alternative treatments than the wider population.

Large studies need to determine whether these placebo benefits last for a long period of time and whether they apply to older adults groups and to a wider range of people in other countries, Schmidt says. If the results endure scrutiny, he says, placebo can ultimately provide an inexpensive and easy way to treat serious health burdens.

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Source: www.newscientist.com

Utilize Arduino to investigate Indian manufacturing and curb the sale of counterfeit products

Arduino is considering manufacturing in India. The startup, best known for its open source microcontroller boards, wants to limit the rise in counterfeit boards and meet growing demand from India’s youth.

The Italian company is currently exploring partnerships with electronic manufacturing services (EMS) companies in South Asia to start local production as early as the first quarter of next year, CEO Fabio Violante said in a virtual interview. told TechCrunch. This marks a significant change from the company’s current practice of producing all its boards in Italy.

India is the largest market for Arduino IDE downloads with 3.2 million. The country also has local branches of global Arduino distributors such as DigiKey, Mouser Electronics, and Avnet. However, India’s contribution to the customer base is currently less than 1%. Violante believes that her fake Arduino board is the main reason for this discrepancy.

“The strange situation for us in India is that even though the community is very large and the user base of the Arduino IDE is very large, we have no original product to sell to the Indian market, especially because people can’t afford the original product. “The amount is very small because finished electronic products are subject to high import duties,” he said. “So people mainly buy substitute products or clones, and in some cases those counterfeit products are made in China.”

Arduino clones are currently available for less than half the price of the original board. The latter also includes import duties. Therefore, by starting local manufacturing, Arduino will be selling its boards in India at the same low prices as their Chinese counterparts.

However, the problem with cloned boards is not limited to India, Biollante acknowledged, adding that the company currently sells one original board for every five to six clones in the market.

“This is difficult because we are open source and we make money by selling our original hardware,” he said. “So clones and counterfeits are a big part of the market.”

Arduino is trying to address the problem of counterfeit boards around the world by making its hardware more sophisticated and harder to counterfeit.

“Continuous innovation gives us a competitive edge,” Biollante said. “[The new boards] It uses a more sophisticated microcontroller, a more sophisticated power section that is not as easy to copy and paste. ”

The executive was in New Delhi last week to attend an investor-focused event organized by state agency Invest India, where he met with government officials and members of parliament, including India’s Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. did.

To compete with China, India has been offering cashbacks and subsidies to global manufacturers to become production hubs. As a result, the country’s domestic electronics manufacturing increased by more than 111% to $99 billion in fiscal year 2022-23, from $47 billion in 2017-18, according to government data shared in parliament last week. However, most of this is due to growth in local mobile phone manufacturing. The country is already the second largest manufacturer of mobile phones, with Indian-made handsets accounting for more than 99% of domestic mobile phone sales. The government wants to expand local production not just for mobile phone assembly, but also for components including displays and semiconductors.

Violante told TechCrunch that Arduino is currently considering both large international EMS companies and small local companies in India that specialize in manufacturing electronic circuit boards and development boards.

The executive indicated that the company may initially consider making a $27 product. Uno R4 WiFi It was launched globally earlier this year. It aims to appeal to the masses with specifications such as a 32-bit Cortex M4 processor, 32KB RAM, and 256KB flash storage. However, over time, it may start producing the enterprise-oriented Pro series model that was launched last year.

Violante said Arduino is also looking to work with educational institutions in India to increase brand awareness among students and become part of local curricula. Additionally, partnerships with research institutions help the company connect with companies that collaborate with those institutions. The company already has a partnership with Tata Consultancy Services (TCS) in the US, and plans to expand that partnership in India as well. Furthermore, Arduino specifically plans to cater to local demand, and its initial start in the country means that, unlike many other startups, it does not rely on China for manufacturing, so over time it will grow locally. There is a possibility that the company will move towards exporting the manufactured boards to other countries.

Source: techcrunch.com