-Caveat Lector-
http://www.247news.net
NEWS FLASH!
Today eBay removed from its site all auctions for the controversial new
book, BEWARE OF FRAUD ON EBAY. The book reveals that executives at eBay
are under investigations for fraud. The book also reveals court and SEC
documents that prove fraud is running rampant within eBay.
Download the book free at:
http://www.1ebooks.com
Staff of http://www.theeunderground.com
Beware of Fraud on Ebay!
Major Fraud Connected to Nets Top Auction Site
By Senior Editor
24 7 News Net Wire
August 1st, 2001
Close to 3% of all internet transaction involve FRAUD states recent reports
about eCommerce!
Over 90% of that FRAUD is connected to Auction sites like eBay say the same
reports!
In a SHOCKING NEW BOOK BEWARE OF FRAUD ON EBAY which is a book about FRAUD
ON LINE and in particular FRAUD ON EBAY, the dirty facts of on line SCAMS
is laid bare!
BEWARE OF FRAUD ON EBAY was written by the founder of two FRAUD PROTECTION
companies in the Sports Collectibles Industry. One company
www.Authentigraphs.net deals with authentication services for autographs,
and the other www.Authenticards.com deals with authentication services for
sports cards.
Recently eBay was heavily investigated for complicity in FRAUD by the New
York State attorney general for knowingly allowing counterfeit sports items
in auctions!
This is the third book written by the author of BEWARE OF FRAUD ON EBAY on
FRAUD in general.
The shocking truth is, eBay appears to be helping the scam artists by their
business practices.
At eBay, a FEEDBACK system is in place that allows buyers and sellers to
note comments about if a person performs according to rules of eBay that
govern what buyers and sellers must do in auctions.
It seems that eBay often allows people to continue to trade on their site,
even though a high percentage of complaints have been lodged against an
eBay trader.
What is the threshold of BAD TRADES eBay allows before they pull the plug
on a client? (I've personally seen many Feedback profiles at eBay with more
than a 5% NEGATIVE rating!)
I can't tell you that exact figure, since eBay is almost impossible to
reach on the phone.
In fact, a receptionist refused to give me her name, the direct number to
their press relations department, or even the names of anyone at eBay to
help me with my story.
Exactly as the new eBook BEWARE OF FRAUD ON EBAY claims, it is impossible
to reach anyone by phone at eBay. I'm sure the SEC won't like how eBay
handles public inquiries!
I know the author of BEWARE OF FRAUD ON EBAY and I've been aware for many
months of things he says is going on eBay.
For instance, eBay promotes heavily that they have BUYER PROTECTION FOR
FRAUD on their site.
Yet the fine print at eBay makes the vast majority of it's transaction
UNCLAIMABLE in regards to fraud protection.
This appears to be a very deceptive business practice at eBay, so deceptive
that several states Attorney General Offices appear to be investigating
eBay FOR FRAUD over how they deceive the public over their so called BUYER
FRAUD PROTECTION!
For example, if you use eBay you THINK you have FRAUD PROTECTION, until you
buy something and get scammed.
When you try to make a fraud claim, you find out you can't file a claim due
to the small print at eBay that excludes the vast majority of it's
transactions.
It would be like Ford having a WARRANTY, that when you tried to file a
claim, most of the claims were not permitted due to small print!
Anyway, I'm sure you will be hearing more about THE FRAUD OF EBAY upon it's
customers through their business practice of denying most FRAUD CLAIMS!
Before you buy at eBay, BEWARE OF FEEDBACK, since eBay allows many people
to have repeat FRAUD COMPLAINTS and do nothing about it!
I've seen the feedback of many people myself at eBay where several people
WARN OF FRAUD, yet they person still has the right to sell or buy on eBay.
I've seen emails where people that complain about FRAUD at eBay then get
emails from eBay complaining that person complained!
Now eBay is worth about 18 Billion or so on the stock market.
When the public finds out how terrible they run their own business in
regards TO FRAUD, I'm sure that stock will be heading south where it
belongs IN MY OPINION!
When I call a public company and have the receptionist tell me I CAN'T GET
THEIR NAME, SHE CAN'T GIVE ME ANYONE'S NAME, she can't give me any phone
numbers to handle my questions, I THINK THAT COMPANY SHOULD BE TAKEN OF THE
EXCHANGE!
eBay, you refused to give out PUBLIC INFORMATION to me that the SEC says
you have to give out.
I sure won't be ever using eBay.
Their customer service is HORRIBLE, exactly as the eBook BEWARE OF FRAUD ON
EBAY states.
If you want to learn about some of the SCAMS being run on eBay in order to
protect yourself then make sure you check out BEWARE OF FRAUD ON EBAY.
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The 24 7 News Wire
