Police cuff 70 eBay fraud suspects

what

class of an idiot buys an aircraft from ebay

Huh?

People still use eBay?

"The 800 victims of the scam..."

"Are believed to be extremely gullible and thought that spending vast sums of cash on eBay internationally was a good idea."

The old saying "If it's too good to be true, it probably is" comes to mind.

Who on earth buys a luxury car or recreational aircraft on eBay?

Another old saying seems relevant: "There's a sucker born every minute."

Something you don't see

Something you won't see in the Daily Mail any time soon. Because these guys don't live in a shed of a model (with a brother doing modelling as well) who drinks regular Coke (i.e. not diet!).

One born every minute

On three separate occasions I have stopped a friend at work from buying "brand new, genuine" GHD hair straighteners on eBay. The response is always "ooh you're so clever, I would never have spotted that, how did you know?" shortly followed by the classics "why would anyone be so nasty?" and "why do eBay let them get away with it?"

Next time I'm just going to let her pull the trigger.

So What!!

Every Con Man looks for a greedy people, they are the easiest marks.

I use eBay regularly, to buy easy to check items at a very reasonable prices, never had a much in the way of problems. I always stay well clear of the super deals, and have never spent more than about €700.00 at a time.

So be careful, and just don't be GREEDY!!

What plonker and lying bastard says things are getting better and the world has been saved?

Perhaps we should send in the Romanian Police and FBI to haul away the criminals in this much bigger and more dangerous fraud ....... http://www.zerohedge.com/article/latest-gold-fraud-bombshell-canadas-only-bullion-bank-gold-vault-practically-empty .... although you might need a few more jails to put them in, for it is probably a global systemic scam which is also endemic.

Ecological niches

They exist in commerce too, and Ebay, in its drive to convert itself into a fixed-price overstock/firesale/end-of-line emporium, has abandoned the niche it once had a monopoly in.

Build a system that works like Ebay did back in, say, 1997, be satisfied with a large stream of small payments, and the punters will beat down your doors.

to eBay or not...

I have made hundreds of purchases and sales on eBay. I have found what i wanted, and paid what i was willing. eBay still provides a service I use. Admittedly, I do not use it as much as I have in the past.

The most expensive purchase I made was a 40' cargo container for $800. A phenomenal price no matter how you slice it. That said, I do not think I would put that much cash on the line again, nor do I believe you will find deals like that now.

eBay/PayPal: Dead Men Walking

“Tiffany & Co and eBay Continue to Battle Over Infringement”

http://www.foxbusiness.com/story/markets/industries/media/tiffany--ebay-continue-battle-infringement/

“EBay argued to the court that it has spent as much as $20 million annually to rid the site of fraud, including buyer protection programs and employees whose sole job is to monitor infringement issues.”

And is not that the nub of the problem? eBay is spending (only) $20 million annually to rid the site of “fraud, including buyer protection programs and employees whose sole job is to monitor infringement issues”.

On his way to virtually bringing the eBay marketplace to its knees, one person—the eBafia Don himself—was effectively taking home $20 million annually—and still we can’t get rid of him either …

Let’s face it, anything to do with “customer support” is an expense that the bean-counting toads at eBay have little intention of incurring. And, I keep wondering when they are going to pay stockholders a dividend out of all that cash they supposedly have stashed away overseas. Or is this whole business simply a short-term “pump and dump” exercise for the benefit of the options-holding executives?

For those with a longer attention span, an evening’s entertainment of details and facts on eBay’s deliberate facilitating of wire fraud on its consumers world wide and a list of links to a number of PayPal horror stories is contained in my post at:

http://www.auctionbytes.com/forum/phpBB/viewtopic.php?p=6502877

eBay/PayPal: Dead Men Walking