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Forum: General Talk
01-19-2010, 12:45 PM
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eBay: Dead Man Walking
Let me then cut straight to the chase with a simple statement from an ex regular eBay user’s point of view: eBay (aka “the eBafia”) is a criminal organization!
How could that be, you ask? Well, with some effort and some multi-auction analysis, it can be very clearly demonstrated (see the below link) that shill bidding fraud by unscrupulous professional sellers, at least on nominal-start auctions, is rampant on eBay auctions, and the executives “in the know” at eBay, unless they are actually as stupid as they apparently think all we simple consumers are, cannot but be aware of that criminal activity. And yet they do nothing proactive nor truly effective to prevent such criminal activity—indeed, they have done the very opposite, they have introduced a non-unique masking of bidding IDs, which serves no purpose other than to further obscure such criminal activity and aid and abet said unscrupulous sellers to, by fraudulent means, maximize their sale prices, thus maximizing eBay’s FVF. (It’s even worse in the UK, where buyers have effectively got absolutely no chance of detecting the unscrupulous professional sellers that infest eBay auctions.)
AuctionBytes :: View topic - Why is the ?eBafia Don? killing eBay?
It’s called “criminal facilitation” and, in most civilized countries, anyone who knowingly facilitates such criminal activity is also considered to be a criminal. It’s as simple as that! Is it any wonder that buyers are staying away and this business is now going down the toilet?
PayPal is a banking-type service, a service that would be more competently carried out under the auspices of the banking community via their credit card company partners. Without the bankers’ knowledge of the entities involved in the transactions, PayPal will always be handicapped—even more so while under the management of such incompetents as those who currently control eBay.
The head turkey at eBay, “Noise” Donahoe, will occasionally talk of the possibility of selling off PayPal because he is just barely smart enough to know that when the major credit card companies do get off their butts and introduce a like card/terminal-less payments system to complement their credit card system, they will do it properly, and the “clunky” PayPal will then sink like a stone—other than, possibly, on what is by then left of the Donahoe-ever-shrinking eBay marketplace.
From an ex regular buyer’s point of view, an introduction to an introduction to the full sad story at
AuctionBytes :: View topic - eBay: ?Dead Man Walking? |
