Friday, July 27, 2007

Biggest fraud in eBay

News headline today, $650K fraud found in eBay the biggest auction site around the world. The thieves are arrested in Hong Kong (believed to be Hong Kong Citizens, hk.yahoo.com) and 10,000 were cheated against these fraud.

Well, to me, buying things from auction site like ebay or yahoo or any others
buyers just have to be careful. Ask before you bid. But for this circumstances, those people actually did ship goods in the first place to gain the trust of the community.

In this case, I think it is hard to protect the buyers. But does it stop people from shopping on-line? I guess not. why? you may ask. those people can do same tricks if they open a shop on a main street, sell real goods to the community. Once people gain trust on them and they replace those genuine goods with fake ones. Once they have cheated enough amount of money, they can escape before the buyers notice those products are fake!!

This is just a case happened in daily life!

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