Shill bidder cops a $US475,000 fine

It’s good to see eBay fraud dealt with in the USA – though the scale of it boggles the mind. A jewellery company placed an amazing 232,000 ‘shill’ bids on their own auctions in just a year…

…and got caught. That’s the problem with committing fraud online – you leave a very easy trail to follow.

eBay took the case to the New York attorney general, but how on earth did they let the activity go on for so long?

In New Zealand Trade Me reacts to this sort of thing at a zero level of tolerance – just one more reason why their stats are so much better than eBay’s.

About Lance Wiggs

@lancewiggs
This entry was posted in auctions, Internet Business, Trade Me. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s