eBay Fraud (OT)

Shankar Unni shankar@cotagesoft.com
Thu Jun 19 18:58:00 GMT 2003


Randall R Schulz wrote:

> [FJR: Guarantees are only as good as the guarantor. There ain't no free 
> lunch. When will people take security seriously?]
>   [This one is a long and ugly story.  PGN]

Still OT, sorry.

What they were complaining about was a new "affiliated service" (or 
whatever EBay calls them) that purports to act as a "good seller 
verification" service, and says things like "$1000 guarantee".

Turns out that the (extremely) fine print says that the $1000 limit is 
not per /transaction/ or even per /buyer/, but per /seller/ (!!! - means 
each victim gets something like $1 back). A truly creative ploy, and 
certainly highly non-intuitive, and EBay is now scrambling to contain 
the damage and negative publicity from this..



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