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Technology Stocks : eBay - Superb Internet Business Model
EBAY 83.84+1.7%3:59 PM EST

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To: Jeff Dryer who wrote (4139)7/27/1999 8:53:00 AM
From: appro  Read Replies (2) of 7772
 
Poker strategies: >>eBay sellers face ‘bid shield' scam

Victim says technique is ‘an easy way to win any eBay auction for almost no money'

By Bob Sullivan
MSNBC msnbc.com

July 26 — Scam artists have figured out a way to win eBay auctions on the cheap. In a process known as “bid shielding,” two people work in tandem — one lays down a lowball bid, then the other puts in an outrageously high bid that scares off all other bidders. At the last moment, the high bidder withdraws, leaving the lowball bidder the winner. And victims may never know why their items sold for such a low price.
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