News1 min ago
can a person be prosecuted
7 Answers
can a person be prosecuted if they are known to have rigged the bidding on e bay?
Answers
Best Answer
No best answer has yet been selected by jeffdav. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.In short, yes! If you are referring to putting the bidding up higher by say, having another account and using that account to bid high, then you are technically committing fraud. The problem would be in proving this to be the case. However, if you have any doubts and suspect this is happening then don't take the risk. If the seller is prepared to do this then what else are they doing wrong? I have a very simple rule on Ebay, if you have so much as the slightest doubt, do not bid - there will be another whatever come up in the future. Oh, and if it helps, this is quite often found to happen at "live" auctions (cars, antiques etc) but the rules are the same, prove it and you can prosecute.
Contrary to Vivaciauk's statements, it's not illegal for a vendor to bid for their own goods in an auction as long as the vendor makes the full payment for the goods if he/she is the winning bidder. (This obviously means that the vendor risks losing money, through paying the auctioneer's commission, if they bid higher than anyone else).
It is illegal to place such bids if there is no intent to pay up if the vendor 'wins' their own goods. eBay have a strict policy against this but most local auction rooms accept this practice as part of the way to get the highest possible price for goods (with the correspondingly high commission). I've frequently placed bids on my own goods at 'live' auctions with the full knowledge of the auctioneers. I've also worked in auction rooms and placed hundreds of bids which have been made purely with the intention of getting the maximum possible price. Auctioneers, like estate agents, act solely as agents for the vendors, not for the purchasers. It is their duty to screw every possible penny out of the purchasers and I applaud the way that they do it.
Chris
It is illegal to place such bids if there is no intent to pay up if the vendor 'wins' their own goods. eBay have a strict policy against this but most local auction rooms accept this practice as part of the way to get the highest possible price for goods (with the correspondingly high commission). I've frequently placed bids on my own goods at 'live' auctions with the full knowledge of the auctioneers. I've also worked in auction rooms and placed hundreds of bids which have been made purely with the intention of getting the maximum possible price. Auctioneers, like estate agents, act solely as agents for the vendors, not for the purchasers. It is their duty to screw every possible penny out of the purchasers and I applaud the way that they do it.
Chris