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How eBay Sellers Fix Auctions

Posted by ryuzaki0 on from the the-accussed-hereby-stand dept.

Boj writes "The Times online is carrying stories on fraud carried out on eBay using shill bidding. Citing eBay's changes to security as aiding the shill bidders and this fraud: "Last November eBay changed its rules to conceal bidders' identity — making it even more difficult for customers to see whether sellers are bidding on their own lots.""

2 of 556 comments (clear)

  1. Re:Ebay - Where there is a sucker born every minut by cunamara · · Score: 0, Redundant
    Ebay knows about this type of fraud and other types and they do very little to combat.

    Considering how eBay gets paid (e.g., they get more money when the closing bid is higher), it behooves them to allow and even to encourage shill bidding to jack up the auction price. Follow the money!

  2. Re:Reserve Not Yet Met by rblancarte · · Score: 0, Redundant

    Again, you are missing the point. In my example, the $100 is a willing to pay price. Read honkycat's response a few posts above this. If that doesn't make sense, then I have to ask who the moron is.

    RonB

    --
    It is human nature to take shortcuts in thinking.