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Old 12-10-2006, 11:54 PM  
notabook
Confirmed User
 
Join Date: Apr 2006
Location: Not a Library!
Posts: 9,748
Quote:
Originally Posted by starpimps View Post
i recently bought alot of stuff from a person with 1000 feedback (all sales, not 1 doller buys) and the same day after i paid
"no longer a registered user"

it sucked bad
This is what many do: They pad 25 real auctions to every 75 penny auctions and disperse it in such a manor that looks believable to most users. It's actually pretty hard to root these out. SOME sellers do this 'innocently'; that is they use bought feedback to pad their real feedback so that when the majority of people see their feedback score they instantly aren’t turned off. But the unscrupulous ones (and there's many of them) are the ones that do it just to sale expensive items 'on the cheap', often times in the wrong category or with misspellings. I can't believe how many STILL exist and how the number of frauds seemingly keeps going up rather than down.

According to several paypal employees I talked to, the fraud rate on Playstation 3 pre-order auctions was nearly 50%. FIFTY PERCENT! That's truly staggering that almost half of all PS3 pre-order auctions were phony... I knew the Xbox 360 fraud rate was high but I can't imagine it being anywhere near 50%.
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