Quote
Bidder fraud, as the problem of deadbeat bidders is sometimes referred, has generally been overshadowed by reports of seller fraud in online auctions. eBay has taken steps this year to counteract seller fraud, where sellers list items they have no intention of selling, then take off with payments from unsuspecting bidders. In June, the online auction giant added some new fraud detection software, and in May, the company announced that it's developing a new authentication service with VeriSign.