Recent Topics
New washer pump leaking fluid
by llmercll
06/23/18 12:17 PM
Fuel dilution and CCS/MRV viscosity
by doyall
06/23/18 12:10 PM
Door Hinges
by Scrum67
06/23/18 11:59 AM
PBS, TV channels in different countries
by onetwoothreee
06/23/18 11:29 AM
Break in filter cut open/ Filtermag
by UncleDave
06/23/18 10:36 AM
Changed coil pack, now throwing cat code
by llmercll
06/23/18 10:36 AM
07 V6 Mustang oil leak.
by aquariuscsm
06/23/18 10:33 AM
Windows 10 Update, version 1803
by Sayjac
06/23/18 09:55 AM
Super Tech Euro Spec Synthetic
by Snagglefoot
06/23/18 09:48 AM
Super Tech Conventional 15w40 HDEO. CK-4/SN
by Snagglefoot
06/23/18 09:38 AM
1 gallon jug of Sta-bil for $7 at Rural King
by classic70
06/23/18 09:34 AM
Anger on BITOG
by Gebo
06/23/18 08:55 AM
2010 Acura MDX w/ 3.7 lire oil consumption issue
by Varbill
06/23/18 08:45 AM
Surprising oil filter service interval.
by jakewells
06/23/18 08:12 AM
World Population
by CourierDriver
06/23/18 08:11 AM
SBC Finned Aluminum Dress Up Kit $32
by hatt
06/23/18 07:35 AM
Meguiars
by dslofti
06/23/18 07:20 AM
Roller Bearing Setup For Dillon Shellplate
by billt460
06/23/18 05:59 AM
Omnia - the band
by Shannow
06/23/18 02:58 AM
Guest's devices cannot connect to my WiFi
by boulderdentist
06/23/18 12:54 AM
Newest Members
azzid0906, OilGeek91, DRancher, Newuser, Varbill
65299 Registered Users
Who's Online
94 registered (andyd, 4WD, ArrestMeRedZ, BAJA_05, Astro14, 10 invisible), 1656 Guests and 53 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
65299 Members
67 Forums
285849 Topics
4770349 Posts

Max Online: 3590 @ 01/24/17 08:07 PM
Donate to BITOG
Page 1 of 2 1 2 >
Topic Options
#4663954 - 02/12/18 01:55 PM Ponzi scheme type eBay sellers (just a PSA)
Reddy45 Offline


Registered: 08/15/08
Posts: 2973
Loc: USA
I've been an ebay user (both buyer and seller) for over 15 years now, but I think my buying habits are about to change.

Over the past year or so I have noticed a rise in what appear to be sellers that claim to sell items, but only so they can take your payment and float it until eBay takes action.

For example:

- Seller is offering Item for $50.00 with free shipping, buy it now only. Delivery estimate on item is about 10 days out.
- Buyer purchases Item, sends immediate Paypal payment.
- Seller waits a day or two and then provides a tracking number.
- Tracking number exists in USPS, but never actually updates with status.
- Buyer must wait until the 10th day after making purchase to request eBay intervention.
- Once eBay intervenes, seller has 6 business days to respond. And if you cross a weekend or a holiday period, this could be 8+ days.
- If seller responds at this point, they can offer a refund or I suppose they could "ship it out again" if the buyer were naive. (and the cycle would start all over)

So the time from the date of transaction to when eBay forces a refund could be around 20+ days.

My guess is that these unscrupulous sellers are using this 20 day period to possibly fund prior transactions or to do something unethical with the money.


I've bought from sellers with negative feedback before with no issues, but you'll have to check their last 12 months of negative feedback to see if any of them state that the buyer was not responsive or never shipped the item.

Just an FYI.

Top
#4663964 - 02/12/18 02:05 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
dishdude Offline


Registered: 11/14/08
Posts: 8754
Loc: Phoenix
Interesting. Can't say I've run into this before.
_________________________
2018 Challenger SRT

Top
#4663974 - 02/12/18 02:19 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
LvR Offline


Registered: 09/19/09
Posts: 24
Loc: SA
I have the same feeling .................

I am in South Africa and stuff takes forever to reach here from just about anywhere in the world ............... been bitten by exactly this situation a few times already ............. my cycle time around 45 days + if I catch the [censored] mad

Top
#4663978 - 02/12/18 02:24 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
Reddy45 Offline


Registered: 08/15/08
Posts: 2973
Loc: USA
The other thing is the system is really not punitive. The seller just has to refund your money, so the time you lost waiting for the case to be resolved is worth $0.

Additionally, negative feedback isn't exactly a deterrent on eBay anymore. As we see with the Chinese sellers, they just make a new account.

Top
#4663979 - 02/12/18 02:24 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
PimTac Online   content


Registered: 03/04/17
Posts: 4322
Loc: Soviet State of Washington
I just had a very similar experience with Amazon. Not sure if itís the same MO but seller cancelled order after tracking went blank after a few days and resent the product. No big money involved but what if?
_________________________
2017 Mazda CX-5 Grand Touring

Valvoline Advanced Synthetic 0w20
Mobil 1 M108A EP filter


Top
#4663988 - 02/12/18 02:35 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
SubieRubyRoo Offline


Registered: 05/14/12
Posts: 1139
Loc: Winchester, Indiana
I had one from Amazon that I bought a quart of Lubegard Platinum tranny additive from a third party. When it arrived, it was not in a plastic bag, and the safety seal was not under the plastic cap. It smelled very much bad, and being my initial purchase of Platinum, I did not have a reference sample to tell whether or not it was legit.

I filed a return and the seller responded the same day "I'm refunding your money, don't worry about returning the bottle." He refunded it, but it struck me as odd- if it was legit and he knew it, he would have at least wanted the bottle back at my expense. I dunno... but seemed odd to just write off a $32 purchase and refund the money?

Top
#4663990 - 02/12/18 02:35 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
rshaw125 Offline


Registered: 08/18/04
Posts: 3259
Loc: Raleigh ,NC CSA
The seller does not get their $ it's held onto for up to a week or more by ebay.
_________________________
2012 Porsche Carrera S
2016 Ford Edge 2.0
2002 Taurus Vulcan SOLD
2006 Explorer SOLD

Top
#4663991 - 02/12/18 02:36 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
Audios Offline


Registered: 11/19/11
Posts: 888
Loc: Lyndhurst NJ
I just had the same problem as well, bought a refurbished Sony A5100 from a decent (or so I thought by long term reviews) seller. Shipping was estimated at 7 days, turned out to be business days but ok. Made a label the night I bought it, and nohgint changed for 7 days. Got Amazon involved and they immediately refunded everyhting, and I opened a fraudulent seller case. I checked his more recent reviews and 11 out of 12 were the same scam, made a number with no updates. I guess they hope people forget? I just went with a new one and had it in 2 days, shouldve learned my lesson, even though it was 175$ "more"
_________________________
2002 VW Golf TDI-Mobil 1 5/40 TDT
2005 BMW M3 BMW Twin Power 10/60
1998 BMW M3/4/5 Fuchs 5/40
2007 Mercedes GL320 CDI Fuchs 5/40 GT Pro XTL

Top
#4664002 - 02/12/18 02:48 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: rshaw125]
Reddy45 Offline


Registered: 08/15/08
Posts: 2973
Loc: USA
Originally Posted By: rshaw125
The seller does not get their $ it's held onto for up to a week or more by ebay.


I don't believe that is correct. I have been a regular seller for some time now and once someone purchases a Buy-It-Now item, they pay immediately and the funds go directly to my paypal account. I've even withdrawn those funds to my bank on the same day without issue.

Top
#4664012 - 02/12/18 02:58 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
redhat Offline


Registered: 12/07/12
Posts: 1715
Loc: Anywhere, USA
I also wish eBay could allow us sellers to do more in regards to protecting ourselves or leaving negative feedback.

There are two instances where I have received negative feedback selling items. Once when a buyer didn't pay after 6 days and I cancelled the order and re-listed it. The buyer then came back and left bad feedback. Its like, "Hey buddy, PAY for the item!".

Another instance, the buyer left me negative feedback because I didn't include a STICKER that would have came with the item new. I DIDN'T even say this used item came with it. I listed what was included only and had USED all over the auction.

eBay support is a joke for helping sellers.


Edited by redhat (02/12/18 03:02 PM)
_________________________
09 Accord Sedan 5MT - Travellers 15W-40, XG7317, 151k
14 Civic EX Coupe - NAPA Syn. 0W-20, WIX 57356, 54k

Top
#4664024 - 02/12/18 03:15 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
CKN Offline


Registered: 10/14/14
Posts: 3700
Loc: Utah
Ebay is no longer the place to buy items for the very reason(s) mentioned.

There are places to buy that are far less hassle-although the price may be (slightly) higher.

Top
#4664045 - 02/12/18 03:36 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
NormanBuntz Online   content


Registered: 07/27/13
Posts: 2126
Loc: Outer Banks, NC
If you're an eBay buyer, first always review the seller's feedback, user history and physical location.
_________________________
2017 Honda Odyssey SE, 14K
2013 Honda Accord LX, 58K
2007 Honda Ridgeline RTS, 86K
2007 Infiniti M35, 104K

Top
#4664082 - 02/12/18 04:11 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: Reddy45]
tenderloin Offline


Registered: 12/16/02
Posts: 6521
Loc: Huntington Beach, CA
I sell a lot of gear on eBay. Through Pay Pal monies are taken out/deposited immediately. If there is a problem Pay Pay will hold up monies in an account until the problem is settled..assuming both parties still use Pay Pal. One problem I had was a bought some gear, the seller said they were on vacation for a few days so shipping would be delayed, then they said the item was returned because of delivery problems. Since this was over the holidays I didn't pay much attention..when I told the seller I still had not received the order,the seller said they would again mail the item the same day. Never received the item. Filed a claim with eBay but they refused to do anything because it was over 30 days...Sent me off to Pay Pal where it was resolved quickly

Top
#4664304 - 02/12/18 08:32 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: NormanBuntz]
aquariuscsm Offline


Registered: 12/30/06
Posts: 18176
Loc: Dallas,Tx USA
Originally Posted By: NormanBuntz
If you're an eBay buyer, first always review the seller's feedback, user history and physical location.


^^This.
_________________________
1996 Nissan 300ZX 5-speed,Arctic Pearl(#175 of 300)
Quaker State Ultimate Durability 10W30
2012 Honda Accord Coupe EX-L 2.4,auto,San Marino Red
Pennzoil Platinum 0W20



Top
#4664433 - 02/12/18 11:36 PM Re: Ponzi scheme type eBay sellers (just a PSA) [Re: aquariuscsm]
Reddy45 Offline


Registered: 08/15/08
Posts: 2973
Loc: USA
Originally Posted By: aquariuscsm
Originally Posted By: NormanBuntz
If you're an eBay buyer, first always review the seller's feedback, user history and physical location.


^^This.


Even the location is not even reliable any more. I've had a handful of purchases in the past year ship out from somewhere other than where the listing said the item resided. The sellers in China know that people in the US don't want to wait 3 weeks for their item to arrive, so they claim the item resides in the US. Once you make the purchase and see that the tracking number is international, what can you do? eBay won't intervene.

Top
Page 1 of 2 1 2 >