WICHITA, Kan. (KWCH) - A Kansas resident avoided losing thousands of dollars when their bank’s fraud detection system flagged a suspicious transaction involving equipment purchased through Facebook Marketplace, according to a Better Business Bureau report.

The person attempted to buy a skid steer and loader on Facebook Marketplace for $15,000. He wired money to what he thought was a business in Colorado before his bank flagged the transaction as potentially fraudulent.

How to protect yourself from social media marketplace scams

The Better Business Bureau recommends several steps to avoid fraudulent deals. You should always see the item in person, research the business, make sure the address is real, check reviews and call the phone number.

An investigation into the company in question,

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