Grafe auction company email scam

The Grafe Auction Company email scam!

Here's what you need to know:

What is the scam?

The Grafe Auction Company email scam is a type of phishing scam where scammers send fake emails claiming to be from Grafe Auction Company, a legitimate auction house. The emails aim to trick victims into revealing sensitive information, such as login credentials, credit card numbers, or other personal data.

How does it work?

Here's a typical scenario:

  1. You receive an email from "Grafe Auction Company" with a subject line like "Your Auction Item Has Been Won" or "Your Bid Has Been Accepted".
  2. The email claims that you have won an auction or your bid has been accepted, and you need to provide your payment information to complete the transaction.
  3. The email may include a sense of urgency, stating that you need to respond quickly to avoid missing out on the opportunity.
  4. The email may also include a link to a fake website that looks like the real Grafe Auction Company website, asking you to log in or provide your payment information.

Red flags to watch out for:

  1. Urgency: Legitimate auction companies will never create a sense of urgency to rush you into making a payment or providing sensitive information.
  2. Poor grammar and spelling: Scammers often make mistakes in their emails. If the email is poorly written, it's likely a scam.
  3. Unsolicited emails: Grafe Auction Company will not contact you out of the blue to inform you of a winning bid or accepted bid.
  4. Suspicious links: Be cautious of links in emails that ask you to log in or provide sensitive information. Instead, type the company's website URL directly into your browser.
  5. Missing contact information: Legitimate companies will always provide contact information, such as a phone number or physical address.

What to do if you receive a suspicious email:

  1. Delete the email: Do not respond to the email or click on any links.
  2. Verify the authenticity: Contact Grafe Auction Company directly using a phone number or email address you know is legitimate to verify the authenticity of the email.
  3. Report the scam: Report the email to the Federal Trade Commission (FTC) and your email provider's abuse department.

Remember, it's always better to err on the side of caution when dealing with unsolicited emails. If you're unsure about the authenticity of an email, don't hesitate to reach out to the company directly to verify its legitimacy.