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![]() "Radioman390" wrote in message ... 8 EBay Sellers Admit to Phony Bids By MICHAEL GORMLEY ALBANY, N.Y. (AP) - Eight eBay sellers were ordered to pay nearly $90,000 in restitution and fines after admitting they bid up products online to inflate the prices. New York Attorney General Eliot Spitzer said more than 120 people will receive restitution in the settlement of the three cases, which wrapped up last week in state courts. Spokesman Darren Dopp said the cases stemmed from specific complaints, but the office has not conducted a broad investigation of the online auction industry and doesn't know how widespread the practice of phony bidding is. I think I can safely guarantee to this guy that the practice is more widespread that 8 people and $90K. That said, IMO "victims" of shill bidding -still- have to make a conscious decision to outbid the shill, and really are at least somewhat to blame if they overpay. This practice doesn't strike me as being as insidious as misrepresenting the condition of items (a la an infamous radio seller on eBay) or of simply not sending the item, which is really where eBay and law enforcement should be concentrating their efforts. |
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