Monday, June 11, 2007

eBay Auction Fraud

eBay jewellery store fined $400,000 for shill bidding | The Register

I wonder how much to a lesser degree this goes on auction sites like eBay all the time. Seems like it would be easy to have a friend artificially raise the price of a lot for you. I'm interested to see how many other stories like this come out.

I've been to a couple of charity auction before were I have seen people bid on items they didn't want to drive the price up to help out, and then sweat it out as they worried that they might win.

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