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November 23, 2007, Newsletter Issue #113: Things To Keep In Mind When Finding Police Auctions
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Tip of the Week
There are many government and police auctions online, but you need to be careful. Many websites will advertise that they have inside information on government or police auctions. This is a sure sign of fraud. Information about government and police auctions is public record and is readily available from the offices of federal and local governments. If you do decide to enter an online police or government auction, you should check first with the police department or agency to be sure that the agency is affiliated with the auction. Remember, if the prices sound too good to be true, then they probably are. Most items sold at government and police auctions are sold at a fair market prices. Beware of scams that advertise such items as airplanes and cars for ludicrously low prices.
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