This was his eBay ID and I remember reading his Me page.
You may pay with cashiers check or money order. PayPal is not accepted. Why don't we accept PayPal, credit cards, COD or escrow? Because it costs you money, and is inconsistent with our business model. We buy after we make a sale. If we did business like other companies, you would have to pay other company prices.
posted on June 12, 2003 05:29:53 PM new
I tracked this guy from day one....When you folks were discussing Mylittle1s I told you this guy would make him look like a peanut vendor. Two weeks before Ebay shut him down I started a thread Doo Doo about to hit the fan when he started giving $100 reabates and when they suspended him I started another thread.
posted on June 12, 2003 05:34:28 PM new
Here is a great picture of this winner before he winds up being somebody's ho in the slammer! HAhahahaaaa, now where is Bubba?
posted on June 12, 2003 05:52:08 PM new
Horsey - I remember you pinpointing this one and thinking that his customers really are some twits. Then I read that he was packing up things in the wherehouse when he was busted and realized hwe was just as big a twit. What the hell was he on that he thought that pulling a million dollar scam from a retail location was a good idea? Or for that matter - once you have the money you don't stop to pack. That is a combination of brazenness and complete lack of common sense rarely seen.
posted on June 12, 2003 06:55:44 PM new
I love the way the article exposed SquareTrade as the eBay-sanctioned deception it is.
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posted on June 12, 2003 07:04:43 PM new
Do you think it was much of a surprise that the guy that heads up eBay's Trust and Security department did an online chat then right before the story broke?
posted on June 13, 2003 06:37:06 AM new
This was interesting...
eBay PowerSeller Arrested in Utah
June 13, 2003
An eBay PowerSeller arrested Sunday in Salt Lake City, Utah, may be facing Federal fraud charges after allegedly ripping off buyers to the tune of over $1 million dollars. Russell Dana Smith, selling under the eBay ID "LiquidationUniverse," is being held on federal charges including misuse of a social security number.
Liquidation Universe operated out of a strip mall in Salt Lake City, Utah, and sold laptop computers on eBay, often with starting bids of 99 cents. Ironically, the business was located 12 miles from eBay's Fraud Claims Administration Department in Draper, Utah...
posted on June 13, 2003 06:59:13 AM new
I WONDER OF SQUARE TRADE WILL NOW CHANGE THEIR LOGO AND TERMS... I CAN'T BELIEVE THEY WON'T BE INVOLVED IN SOME FORM OF CIVIL ACTION AFTER THIS IS ALL SAID AND DONE.
posted on June 13, 2003 08:01:30 AM new
if he operated out of a strip mall,why cant he dropship the items??most ebay electronic sellers dont have the stock ,they use dropshippers.
or are the final bid prices below drop ship price??
posted on June 13, 2003 08:14:42 PM new
He started as Pawnconnection selling 99 cents Ginsu knives and RC Cars. When his feedback got to 200. Liquidationuniverse took up the running. He took Paypal until they smelt the rat back in January. Of course Ebay gets paid fees and had nothing to lose. Paypal on the other hand cut the possibility of big losses. Weird how two companies with the same management can make different "right" calls on the same customer. Squaretrade hung in there with him to the end since they were also getting fees.
Beginning in May, buyers began to complain that Liquidation Universe, which had an excellent eBay seller rating(from selling Ginsu knives and other 99 cent items), failed to deliver on about $1 million in laptop computers that it had auctioned online
