1) Purpose
Propworths.com operates an international marketplace with online bidding. This Policy sets the standards required to keep auctions fair, protect buyers and sellers, and prevent fraud, manipulation, and platform abuse.
2) Prohibited Activities
Zero tolerance: Any manipulation, shill bidding, spoofing, coordinated bidding, false identities, or fee circumvention may result in immediate suspension and legal action.
- Shill bidding: Bidding to artificially increase price (by seller, agent, associate, or linked accounts).
- Spoof bidding / bid withdrawal manipulation: Inflating bids with no intent to complete.
- Multi-accounting: Operating multiple accounts to influence outcomes.
- Collusion: Coordinating to suppress competition or fix price.
- Off-platform circumvention: Attempting to avoid platform fees/commission by moving the deal off-platform.
- Identity fraud: Fake IDs, stolen cards, or incorrect verification data.
3) Verification & Controls
3.1 Identity / KYC
We may require proof of identity, address, and payment ownership before bidding, during bidding, or before seller acceptance.
3.2 Technical Controls
- Risk scoring (behavioural and transactional)
- Device and account linkage analysis
- Payment verification and fraud screening
- Manual review for high-risk events
All processing is governed by the Privacy Policy and applicable law.
4) Enforcement Actions
If we reasonably suspect a breach, we may (subject to law):
- Cancel bids, freeze auctions, extend closing time, or relist.
- Suspend/terminate accounts and block related accounts/devices/payment methods.
- Require additional verification or deposits (where permitted).
- Recover losses and costs caused by manipulation and enforce the 5% commission where applicable.
- Report suspected fraud to payment providers, verification partners, and authorities.
5) Reporting Abuse
To report suspicious behaviour: [charl@propworths.com]