ChatterBank31 mins ago
Bidding on Ebay
3 Answers
I have just been reading about a bloke who has just been prosecuted for fraud by selling something
on ebay and then bidding on the item (from another computer) himself trying to jack up the price, A
practice which I am told is called "Shill Bidding" .
Now am I missing something? as I would have thought that if the item was any good there would be
lots of people bidding, but if it was not worth bidding on by putting a bid on your own item trying to push
up the price you are likely to end up by buying your own item and having to pay ebay a commission on
it and loosing money. As I have never sold anything on ebay would somebody tell me if this is correct.
on ebay and then bidding on the item (from another computer) himself trying to jack up the price, A
practice which I am told is called "Shill Bidding" .
Now am I missing something? as I would have thought that if the item was any good there would be
lots of people bidding, but if it was not worth bidding on by putting a bid on your own item trying to push
up the price you are likely to end up by buying your own item and having to pay ebay a commission on
it and loosing money. As I have never sold anything on ebay would somebody tell me if this is correct.
Answers
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