Subject:
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BBC : "Conline auctions - going, going, gone "
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 15 Feb 2000 14:03:38 GMT
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Viewed:
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454 times
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The link below is a news story regarding online auctions and fraud. The main
focus of the item, as you'd expect, is ebay:
The intro:
One of the big internet growth areas has been online auctions - but it is
also a growth area for fraud.
Now agencies in the United States are clamping down on the crooks who offer
goods they do not have or accept payments but fail to deliver.
"We don't intend to let a handful of rogues erode consumer confidence in
internet commerce or internet auctions," said Jodie Bernstein, director of
the Federal Trade Commission's Bureau of Consumer Protection.
The rest of the story:
http://news.bbc.co.uk/hi/english/business/newsid_643000/643425.stm
It is worth saying that I lodged a fraud enquiry last month against a seller
I bought from towards the end of last year. So far, I've found the process
particularly unrewarding. Ebay appears to allow us the first month of the
enquiry to sort things out ourselves. However, it is obvious to me that
things have to be beyond that for a fraud report to have been lodged(?).
Scott A
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