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 auctionace
 
posted on June 9, 2003 10:44:35 PM new
There is news story about fraud on ebay and there are some interesting facts in it ...

http://www.usnews.com/usnews/issue/030616/biztech/16auction.htm

EBay, based in San Jose, Calif., boasted roughly 69 million registered users worldwide through March 31 this year and $1.2 billion of net revenue in 2002. Nearly 8 million bids are placed every day.


 
 ahc3
 
posted on June 9, 2003 10:52:39 PM new
68 million is so misleading...so many people have multiple accounts.

Also, as far as the scams, basically it doesn't matter that it is ebay, if anyone is going to send money to a foreign country without using something like a credit card that can provide protection, or fall for a scam of an escrow service that does not exist is probably just asking for their money to be removed from them.

People have set us similar scams long before the internet was in use. It is amazing how careless people are with their money.

 
 auctionace
 
posted on June 9, 2003 11:54:52 PM new
It's ironic that ebay has unique users requirements for the feedback ratings yet they Enron the number of users they have. Not just multiple accounts but long since dead accounts must comprise the majority of those 68 million users.

The lap top scam the article described had the buyer doing everything right except at the very end when he gave the Western Union tracking number to the seller like an idiot. The email the crooked seller sent the buyer after he picked up the money from Western Union was a true low blow.

 
 
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