Shill bidding

Discussion of a variety of scams, including dating service scams, cyber-currencies, and other frauds and scams.
User avatar
Number Six
Hereditary Margrave of Mooloosia
Posts: 1114
Joined: Fri Aug 29, 2008 7:35 pm
Location: Connecticut, "The Constitution State"

Shill bidding

Postby Number Six » Wed Oct 30, 2013 2:55 pm

I started selling numismatic currency on ebay last year. Someone who claims to be one of the biggest sellers in that venue told me that I could make a lot more money but I would have to get others to do shill bidding on my items. I refuse to play that game, plus the guy told me how he uses shills to drive up pricing on items he sells, and routinely his uncertified notes sell for high prices.

Inquiring on the topic in a numismatic forum there was a division between those who have no problem with shill bidding and others who see it as against accepted auction practice as well as against the law. But what incentive does ebay have to interdict shill bidding when it just means more money for them?
'There are two kinds of injustice: the first is found in those who do an injury, the second in those who fail to protect another from injury when they can.' (Roman. Cicero, De Off. I. vii)

'Choose loss rather than shameful gains.' (Chilon Fr. 10. Diels)

User avatar
Kestrel
Endangerer of Stupid Species
Posts: 877
Joined: Sun Jun 05, 2011 9:09 pm
Location: Hovering overhead, scanning for prey

Re: Shill bidding

Postby Kestrel » Wed Oct 30, 2013 3:10 pm

Shill bidding has the risk of backfiring on you. Who pays the eBay fee when the shill wins?
"Never try to teach a pig to sing. It wastes your time and annoys the pig." - Robert Heinlein

Judge Roy Bean
Judge for the District of Quatloosia
Judge for the District of Quatloosia
Posts: 3540
Joined: Tue May 17, 2005 7:04 pm
Location: West of the Pecos
Contact:

Re: Shill bidding

Postby Judge Roy Bean » Wed Oct 30, 2013 3:22 pm

Kestrel wrote:Shill bidding has the risk of backfiring on you. Who pays the eBay fee when the shill wins?


The seller's eBay/PayPal account is debited for the fees regardless of the winner. For those who don't play by the rules, it's just part of the cost of doing business. How they true-up the transaction outside the eBay/PayPal framework is up to them.

All you can do is report it but you'll never know the outcome of the investigation.
The Honorable Judge Roy Bean
The world is a car and you're a crash-test dummy.
The Devil Makes Three

User avatar
Number Six
Hereditary Margrave of Mooloosia
Posts: 1114
Joined: Fri Aug 29, 2008 7:35 pm
Location: Connecticut, "The Constitution State"

Re: Shill bidding

Postby Number Six » Wed Oct 30, 2013 3:34 pm

Actually, the shills and the seller can cancel out transactions or say it was "returned". Major shill accounts like this particular trickster have "private" bidding as an additional measure. I have seen negative feedback deleted from his account, which ebay will do for top sellers like this one that they make a lot of money from. Recently he won a high end piece from me, called me up saying we could cancel out the transaction and he could pay me cash for it that day so he could save the ebay/paypal fees. Not kosher at all and reported.
'There are two kinds of injustice: the first is found in those who do an injury, the second in those who fail to protect another from injury when they can.' (Roman. Cicero, De Off. I. vii)

'Choose loss rather than shameful gains.' (Chilon Fr. 10. Diels)

User avatar
notorial dissent
A Balthazar of Quatloosian Truth
Posts: 10905
Joined: Mon Jul 04, 2005 8:17 pm

Re: Shill bidding

Postby notorial dissent » Thu Oct 31, 2013 1:40 am

Leaving aside the moral and ethical issues...

No, not really...

If this guy is skirting the rules and honest business dealings, do you really want to be linked to him, and seriously, if he'll cheat on something like this, what else would he cheat on? I would quite frankly not feel safe dealing with him, as I would always be expecting him to try and cheat at some point, people like that can't resist. The old line, "no honor among thieves" holds true.
The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.

User avatar
Number Six
Hereditary Margrave of Mooloosia
Posts: 1114
Joined: Fri Aug 29, 2008 7:35 pm
Location: Connecticut, "The Constitution State"

Re: Shill bidding

Postby Number Six » Thu Oct 31, 2013 4:44 pm

Or "more Corleone than Sainsbury's"....
'There are two kinds of injustice: the first is found in those who do an injury, the second in those who fail to protect another from injury when they can.' (Roman. Cicero, De Off. I. vii)

'Choose loss rather than shameful gains.' (Chilon Fr. 10. Diels)


Return to “Other Scams and Medical Quackery”

Who is online

Users browsing this forum: No registered users and 1 guest