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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