eBay Private Auctions. Fraud. Flash Memory. 199 eBay Sellers Involved.
Posted by techchips on August 1, 2010
Private auctions are a fraudulent sellers best weapon to evade detection on eBay, especially for flash memory producrts. These days 32GB 64Gb 128GB and 256GB advertised capacity are hot. They are usually used by eBay sellers in Asia. You will find Western sellers using them too. In almost all cases, they are violating eBay policy. They tend to make the most money and according to SOSFakeFlash, are the hardest to shut down.
What is a private auction listing and why is it so deadly? Read: eBay Private Auction Listings – eBay Fake Flash Sellers Prefer – Victims Learn The Meaning The Hard Way – A Guide
It used to be that sellers who use private auction listings could get away with fraud. Not any more. The FrankenFlash project has organized a special team to address sellers who use these listings in violation of eBay policy. Once untouchable, they are starting to be suspended by eBay as buyers continue to leave negative feedback.
If you consider that over 1,000,0000 flash memory chips are reprogrammed every month to lie about their real capacity, it is a global struggle to educate buyers and would be sellers to avoid the trap.
The video is short and sweet. The user polls on the article reveal some very interesting facts.
Of over 1200+ sellers documented by SOSFakeFlash, 199 have used private auction listings. They are usually powersellers. Some actually earned top seller awards from eBay. Once SOSFakeFlash started to publish on them and organize frauded buyers, they lost their “Top Seller” status and got kicked off eBay.
95% of sellers who use private auctions are registered in China or Hong Kong.
SOSFakeFlash maintains lists of known eBay fake flash sellers for mp players, usb flash drives and memory cards. Right now they have over 1200+ sellers listed! Review the current lists. It is so big they had to divide it into two sections, * to K , L to Z.
SOSFakeFlash can build the lists from people who report in for fake flash memory bought on eBay. Buyers use the Report A Fake Tab to send in their information.
That means only one thing, buyers have no idea about the real costs for flash memory chips. They don’t realize that most of the price is really the cost of the chip. They believe it should go down in price. Unfortunately they don’t understand the manufacturing process and the many tests each chip must go through to pass quality inspection. It is the testing and inspection that really adds to the price.
So who are the eBay sellers who have used Private Auctions so far?
Private auctions are bad news for eBay buyers. You will find current information at SOSFakeFlash on sellers who use them under their “devious category”. It grows all the time.
If you bought a fake mp player or usb flash drive or memory card from an eBay seller, not to worry. eBay is busy refunding buyers.
You can learn more about the secrets of getting a refund by reading the new page at SOSFakeFlash Refunded!