buyersfriend-07
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posted on February 19, 2003 01:01:26 PM new
take a look at this persons terms
take a look at feedback all $5 dvds
take a look at what they are selling and have sold all high end electronics
now tell me if i am wrong this is the largest fraud in the history of ebay in the making
http://cgi6.ebay.com/ws/eBayISAPI.dll?MfcISAPICommand=ViewListedItems&userid=mylittle1s&include=0&since=30&sort=3&rows=25
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alwaysfun
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posted on February 19, 2003 01:35:14 PM new
troll!!! Give me a break... why can't we all try this scam out and list our own auctions on this message board!
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eauctionmgnt
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posted on February 19, 2003 01:57:58 PM new
alwaysfun... I'm not so sure it's a troll... Buyersfriend has certainly noticed a seller that I would be wary of. Let's look at the facts:
Seller joined ebay in January of 2003
He started selling just cheap DVD's
Only 188 feedback (looks like 25% from buying)
He is now listing over 1000 items, many of them high-end electronics that are being "drop-shipped" from his distributor
His terms are less than appealing as well.
Now, of course he could be a legitamate seller... but I'd be a little wary of purchasing too much from him. However... it doesn't seem to be hurting his sales.... I would kill for his sell-through rate!
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tomwiii
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posted on February 19, 2003 02:00:16 PM new
buyerNOTmyfriend: what is yer point?
Ralphie loves Mr Blonde:
"Are you gonna bark all day little doggie, or are you gonna bite?"
http://tinyurl.com/5duz
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stopwhining
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posted on February 19, 2003 02:01:20 PM new
law of average,he could be coming out ahead,some were bidded quite high.
there was a thailand gem dealer who listed zllions of gemstones from thailand until everyone who wants one gets one.
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alwaysfun
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posted on February 19, 2003 03:07:43 PM new
Sorry, but I am going to stick with my original thought and that is that this person is a troll. If you look on the 2nd and consec..pages you will see where the seller sold a lot of DVDs and let's face it, if you were going to post 2500 auctions to scam someone, wouldn't you put up higher ticketed items? I mean if they are going to run with the money. They are only going to run with about $18,000 with shipping costs incl. I would put up high end elec equp and run with 1/2 million.
And look at the original posters id..only one post and this is it.
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eauctionmgnt
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posted on February 19, 2003 07:26:05 PM new
alwaysfun:
You're not really looking at this sellers auctions closely. If you did... you would see that he has high-priced items mixed in with all those low-priced CD's... including several over $2200.00!!! I would estimate that he's got about $75,000 - $100,000 worth of merchandise listed. Way more than a person with one month of eBay experience should be trying to handle. Especially with most of the high-end electronics being drop-shipped. Also, I doubt that this is just a new ID for an already experienced eBay seller. I say that because on his early auctions in January he was charging an extra 5% to take Paypal (not something anyone who's on eBay a while would ever do!) He's since changed his listings. I'm not saying this guy is pulling a scam... but he's listing too much too early for me to feel comfortable bidding from him. Too much potential for fraud in the electronics category.
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buyersfriend-07
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posted on February 20, 2003 11:14:18 AM new
the only reason i posted this is because the seller happened to be selling an item i am looking for it was a subwoofer retails for $499....can normally find it on the net for $349-389 this person is selling it for approx $150-200 depending on how many bidders sold at least 10 of this ONE ITEM ALREADY.
if you watch it closely they have sold my guesstimation at least $1,000,000 of electronics by the time it reaches his DROP SHIPMENT date looking at millions!
the key is turbo lister let this person list lots of items over and over again FAST
LARGE LARGE ticket items with not ONE PIECE of feedback for the electronics at all only for 5 dolla DVDS
I may be wrong and a few thousand people are getting the bargain of a lifetime but look at it closely and draw your own conclusion mine is one big ass fraud!
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buyersfriend-07
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posted on February 20, 2003 11:19:11 AM new
LAST THING FOR THE LAST 2 DAYS ONLY CLOSED OUT OVER 30,000 AUCTIONS MOSTLY FOR ELECTRONICS AND DVD SETS COSTING $100-$2500
OUCH
http://cgi6.ebay.com/ws/eBayISAPI.dll?MfcISAPICommand=ViewListedItems&userid=mylittle1s&include=0&since=2&sort=3&rows=25
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oldhat98
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posted on February 20, 2003 11:38:08 AM new
Looks like the BullionOne Fraud Formula of a two years ago all over again. Tell the people you have lots of goods. Sell them below cost, but Oh by the way, I can not ship them unitl 3 weeks after you pay!
I know I will not bid...........
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oldhat98
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posted on February 20, 2003 11:53:57 AM new
Did a little more research. The banner photo is being hosted by a site call http://www.hometheaterentertainment.com.
Of course that site is just a shell,no content. The site is registered to a company in Atlanta, GA. The contact person of course has a hotmail account. Plus the contact phone number is a number in Germany.
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eauctionmgnt
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posted on February 20, 2003 12:26:04 PM new
Just to get a more accurate dollar amount of how much stuff this guy is selling.... I added up all his auctions with their final prices, including the current prices of his auctions that are running now. (I used a spreadsheet to make the math quicker!) Anyhow... I came to a grand total of $241,438.81
worth of merchandise that has been listed (this includes the price of items that may not have sold). Considering that this number is likely to go up significantly when all his auctions end... I am beginning to think this could very well be a scam artist at work. Who lists a 1/4 million dollars worth of stuff in one month.... especially someone with no eBay exeprience?!? Definately an account to keep an eye on. I'll bet in 1-2 months you will see an account filled with negative feedback and NARU'd.
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buyersfriend-07
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posted on February 20, 2003 08:09:31 PM new
you heard it from me first  .........this is a news maker for sure
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Libra63
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posted on February 20, 2003 08:35:05 PM new
The first negative is there...
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jalleniii
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posted on February 20, 2003 09:56:24 PM new
In the next 27 minutes several dozen auctions are closing....total is over 12 grand...hmmmmmmmm.
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jalleniii
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posted on February 20, 2003 10:09:29 PM new
Just noticed that all 800+ auctions will end by the 24th. Seems mighty odd to me.
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neonmania
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posted on February 20, 2003 10:57:18 PM new
The first neg deals with accepting payments, not non shipment.
If he can pull this shipping off my hats off to him. I think he will garner quite a few negs due to mix ups if nothing else with that type of volume.
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jalleniii
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posted on February 20, 2003 11:24:25 PM new
Whether or not they will actually (be able to) ship these products is one thing...on the other hand there are quite a few inconsistencies in their payment/shipping terms. That alone would make me pretty leery.
[ edited by jalleniii on Feb 20, 2003 11:27 PM ]
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capyoda
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posted on February 20, 2003 11:55:37 PM new
anyone want to explain to me what drop ship means?
someone else do the shipping for them? or their distributor ships for them..?
its very very fishy... a lot of the high ticket items should really cost a lot more, its way below street value.
if anything, he seems like a star trek geek. heh.
I hope he's legitmate because thats a lot of people and a lot of money he's scamming (if he is)
gonna have to watch this closely.. see how it develops.
unfortunately a lot of shady signs are there... and we can't do anything about warning or suggesting these to the bidders.
in either case, lets hope he's legit... and he just started a new account or has been selling for quite awhile and just suddenly decided to list a couple thousand items on ebay... yeah...
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buyersfriend-07
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posted on February 21, 2003 03:14:12 AM new
here is a nice auction about to end
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=29854&item=3311653735
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oldhat98
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posted on February 21, 2003 05:35:05 AM new
If the negative feed back is correct about not able to process a PayPal payment to the seller, I is very possible PayPal shut the account down for excessive funds coming in. That is often the first sign to a credit card processing company of potential fraud. Credit processors are a bit smarter than Greedbay and will limit thier exposure when thing just dont add up.
[ edited by oldhat98 on Feb 21, 2003 05:35 AM ]
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stopwhining
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posted on February 21, 2003 06:26:01 AM new
it could be an employee of an electronics store or an ex owner of a store closed,or wholesaler/distributor looking to cash in on its overstock merchandise,business is slow here .
or worse,it could be stolen goods.
if you are plugged in to the trade,you can pick up some nice bargains at distress sales,usually the company which orders them cant pay or just refuse shipment-there were plenty of distressed container loads arriving from china before xmas.
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buyersfriend-07
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posted on February 21, 2003 06:43:35 AM new
stop............go ahead buy something from him if you feel comfortable
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pelorus
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posted on February 21, 2003 07:04:12 AM new
Wouldn't someone at ebay have noticed this unusual seller behavior and checked this person out? It is certainly to their advantage to stop fraud. I know they have anti-fraud people.
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buyersfriend-07
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posted on February 21, 2003 07:46:53 AM new
i talked to somone on live chat twice to make them "aware" of the situation looks like greenbay dont care! surely the CC on file will bounce just IMAGINE the fees for this
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Libra63
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posted on February 21, 2003 08:48:38 AM new
One buyer was nice and left 3 neutrals for non PayPal acceptance. It's to late now to get rid of the paypal logo as all the auctions are going off. Do you think that this seller will keep alot of the merchandise because he doesn't accept PayPal?
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lindajean
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posted on February 21, 2003 11:40:08 AM new
OK, didn't read carefully and feel stupid now. going to get another cup of coffee!
[ edited by lindajean on Feb 21, 2003 12:17 PM ]
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cramer
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posted on February 21, 2003 12:02:31 PM new
lindajean.
he states he does accept postal money orders. all non-postal money orders are subject to 10 day hold....
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buyersfriend-07
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posted on February 21, 2003 12:07:48 PM new
if you feel you are well capitalized enough to take the chance go ahead send a money order for some high end electronics certainly some bargains he is giving away............
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stopwhining
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posted on February 21, 2003 12:12:34 PM new
some one posted yesterday in paypal column that his account was restricted and he has ordered many items for resale and his account may bounce if paypal continues to restrict his account.
this could be reason he wont take paypal,as paypal may accept payment for him and yet wont release it .
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