Poshmark Scams In 2024

A quick Google search and a quick Reddit search reveal a shocking truth about Poshmark: Many scammers exist. Over the years, more and more scammers have flocked to Poshmark and have taken advantage of innocent buyers and or sellers. If you’ve dealt with fraud or are simply looking to learn more about scammers on Poshmark in 2024, you’ve come to the right place.

Key Takeaways:

• There seems to be more fraud happening on Poshmark than on Etsy.
• To combat fraud, Poshmark uses a very extensive anti-chargeback suite called TruValidate.
• Never, under any circumstances, communicate with a Poshmark user outside of Poshmark.

Quick Poshmark Overview

Poshmark simplifies buying and selling fashion items through its user-friendly platform. Sellers create listings by uploading photos, setting prices, and writing descriptions. Once a buyer makes a purchase, Poshmark handles payment processing, providing a secure transaction environment. Sellers receive a prepaid shipping label to send their items.

For buyers, Poshmark offers a protection program that covers issues like incorrect items or misrepresented merchandise, ensuring a secure shopping experience. The platform also hosts “Posh Parties,” virtual events for social selling, enhancing community engagement. In recent years, Poshmark has enhanced its chargeback defense. However, scammers have developed new ways to try and beat the system.

Most Common Poshmark Scams In 2024

Below, we take a look at the most common scams we have seen on Poshmark in 2024.

Off-Platform Communication

Scammers often attempt to take discussions outside of Poshmark by requesting sellers to communicate via email or messaging apps. This is a major red flag because once you leave the platform, you lose the protection offered by Poshmark, which includes transaction oversight and buyer/seller security. Engaging outside the app increases the risk of fraud, including phishing attempts.

Fake Buyer Requests

Scammers may present themselves as potential buyers, showing keen interest in items but then making unusual requests, such as asking for modeling photos or detailed specifications. These requests can lead to personal information theft, where scammers may use the information against you or attempt to coerce you into compromising situations.

Return Fraud

This scam occurs when a buyer receives an item, claims it’s not as described or is damaged, and initiates a return. They may then send back a counterfeit version or an entirely different item. 

Lowball Trade Offers

While trading might seem appealing, many scammers exploit this by offering trades instead of cash. They may send low-value items, nothing at all, or items that are not as described. 

Counterfeit Luxury Goods

Scammers often list designer items at prices that are too good to be true, enticing buyers who are eager for a deal. Once purchased, the item may turn out to be counterfeit or of poor quality. Poshmark does offer a verification service for high-end goods, but buyers should always be cautious and check seller ratings and reviews.

Phishing Attempts

Scammers may send messages that appear to be from Poshmark or other users, attempting to lure you into revealing personal information or account credentials. These phishing attempts often use urgent language, prompting users to click on malicious links that could compromise their accounts.

To safeguard against these scams, always communicate through Poshmark, verify buyer or seller profiles, and remain vigilant about any requests or offers that seem suspicious.

How to Prevent Chargeback Scams on Poshmark

To avoid chargeback scams on Poshmark, buyers should always heed the classic advice: if it seems too good to be true, it probably is. 

Importance of Staying Within Poshmark

Both buyers and sellers should always conduct transactions within the Poshmark platform. Scammers often try to lure users into completing deals outside the app. Once you leave the Poshmark environment, you forfeit the protection offered by their purchase guarantee. Stay alert and ensure that all transactions are processed through Poshmark to maintain your safety.

Be Wary Of Low-Priced Goods

When shopping on Poshmark, be cautious of items listed at suspiciously low prices, as these could signal fraudulent activity. If something feels off, take the time to check the seller’s feedback history. Additionally, consider using the “Posh Authenticate” service to verify the authenticity of designer goods, ensuring you make a safe purchase.

Protecting Yourself as a Seller

Return fraud poses a significant threat to Poshmark sellers. Some might create false claims to obtain refunds. 

Avoid Large Balances In Your Account

Avoid leaving large balances in your Poshmark account for extended periods, as this can attract potential hackers. 

Turning Your Hobby Into Your Own Website?

Should you start your own website, we can help you lower your disputes and chargebacks. CB-Alert offers comprehensive monitoring and real-time alerts, helping you stay ahead of potential fraud. This proactive approach lets you manage disputes effectively and protect your revenue stream. With CB-Alert, you can focus on growing your brand while protecting your financial interests.