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Originally Posted by messiah1
Paypal is too big to fail.
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Ebay/Paypal facilliate more criminal activity than Epass who could ever dream of.
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EBay is not a thief, nor does it knowingly trade with thieves. It employs thousands of investigators to handle thousands of complaints, but that is beside the point.
It is too efficient a conduit. There is mounting concern about the electronic trade in stolen goods. Police statistics suggest there were more than 8,000 crimes on eBay reported last year, about one every hour, involving stolen goods, fraud or deception.
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Full article:
http://business.timesonline.co.uk/to...cle6074448.ece
In Wikipedia, Ebay is the modern definition of a "fence".
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Retailers have been complaining about the online sale of their stolen goods but the online auction industry has taken the stance that retailers need to do more policing instead. eBay's Vice President of Trust & Safety Rob Chesnut stated "It's the job of these major retailers to prevent criminals from lifting their products."
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http://en.wikipedia.org/wiki/Fence_(criminal)