"It really can't be stressed enough, the Real-Money Auction House in Diablo III is a dangerous place. The South Korean Government did not prohibit the RMAH and ban all virtual-item trades for real-life money just because they wanted to be stuck-up douche bags, they did it to protect gamers from Blizzard.
Consumer protection in the world of interactive entertainment is a laughable thing. No one cares because most people think, "Hey, it's a game. No harm, no foul." That is, until you lose $149.00 bidding on a glitched item in a Real-Money Auction House."