Money Laundering on eBay

[jeremysmith5]

It seems Money Laundering is not something that eBay is at all concerned about.

There is not one link or avenue I can find to report my findings:

If I could find an email for eBay I would email them, but I cant find any way of contacting them about it:

I was looking through the completed listings for chairs when I found one **bleep**py one for an extrordinarily high price !

I won't post the item number, in case I get recriminations, but if you look for yourself under "auction" items, "completed listings": highest price first, you'll find it as sold !!

If you dig a bit deeper, you'll also find other things out that confirm my suspicions. 

Why is eBay not at all bothered at this, I've seen this before as well:

eg: A NEW BMW, 1.0litre, no picture, but listed and actually bought by another member for £100,000.

Is no-one else bothered either, there are no discussions about this??

[**bustysinclaire**]

Sorry jeremy,  my apologies, was trying to defend a poster.

Ive nothing to contribute to the money laundering so I'll say tata xx

[aidantoase]

Someone offered to buy my item for £30 and then asked to contact me outside of ebay and then said it was a gift for their cousin If they paid me £300 by PayPal could I also buy a £300 gift card and put it in with the gift...

god knows what is going on their but I did not like the smell of it... you should be able to tell eBay and they should have someone who knows what is a likely scam and what isn't...

[hill-walker]

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@aidantoase wrote:

... god knows what is going on their 

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Had you done that, they would probably have done a chargeback via Paypal, and got a £300 gift card, plus a £300 refund.

[mae9903]

I have found that there is something going on on eBay as I am trying to find vans to buy and there are vans very cheap compared to the rest of the same van and the sellers have loads of vehicles for sale thousands of pounds cheaper but never reply to you  and there feedback is always a year old at least some scans or money laundering going on there I suspect?

[rembpic0]

some of us are i have spotted some sites like oddsnends and clares if you see their bidders their all private listing on evry item sold its a disgrace nothing gets done it ruins it for people trying to buy stuff but yeah ur not alone on this ebay need to get their finger out  and stop this laundering.

[bored-trooper]

Nobody cares - move on

[*help_no_brakes*]

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@bored-trooper wrote:

Nobody cares - move on

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 After almost 11 years I am sure they have done so.

[frogzachary]

 ebay ditched paypal and has become the default platfrom for push app scams. 

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scenario  

scammer rings victim. from 'bank'

victim gets scammed into authorising via( 1 tap) a 6k purchase from ebay.  

victim rings bank back to check and finds out its a scam.

bank cant stop transactions! due to new fast payment process. 

victime finds 6 item number transactions on bank statement. then searches completed listings on ebay for same date and time of transactions on statement. 

finds 6 iphones £1000 each. matching time and date exactly.

calls ebay.. 

some sellers real .. (contacts them)

some sellers are fake (accounts closed down after a week) 

ebay wont help.

bank wont help

victim loses 6k. 

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happened to me..

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i then found multiple dates where 1,000 pound iPhones (some using exactly the same picture) have been sold the same exact second / minute..  in groups of 6-10..  i totaled around 30 to 40 such transactions up to around 250k. in the space of 2 months..

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rang ebay to report all...

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they said they take this seriously but it doesn't seem they have any power to stop it 

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it appears eBay has the perfect conditions to allow money laundering from scamming on a fantastic scale 

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[arkwebus]

Part of this may be what used to be called "auction wrecking".   In the case of the car mentioned at £100000 I doubt anyone actually paid and seller would have to pay fees. 

As there is "no protection" on motors can the seller claim "non-payer" I wonder?

There are also members who "hopefully" list items for large sums.  Coins and notes spring to mind at more than face value.

@jeremysmith5 

[piebrand]

Same.  There are ordinary coins going for £55,000.  And I'm not talking about rare coins. . Everyday circulated ones. I've reported the listings but ebay's  AI investigated and found nothing wrong.  Of course ebay makes a hefty amount on percentage fees but they aren't willing to pass the info on to those who could really do something about it.