Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (102111)	3/13/2009 3:38:12 PM
From: Horgad	Respond to of 110194

For sure that happens. I know for a fact that it has happened in the past on E-BAY and that the perpetrator was never prosecuted. They were not able to prove fraud vs. a poorly run business. In other words, did they intend not to ship or did the business just go BK because it was run so poorly? Civil suits were pointless as the money was gone and there were no assets to put a lien on. Which is why you should always buy from somebody who has been in business for 10+ years. It still can happen, but at least you can lower the odds as much as possible...