Thread: pwcc (part two)
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Old 10-25-2013, 06:59 AM
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cyseymour cyseymour is offline
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Quote:
Originally Posted by calvindog View Post
I would say that your knowledge of what went into the determination to indict Mastro -- which is what you're referring to -- is wrong. I would also say that the idea that the Feds are the only prosecutorial body available to handle fraud such as we've seen here is also incorrect.
As far as I can tell, no prosecutorial body has been overly enthusiastic about combating ebay fraud. That might be because ebay is a $50billion business with shareholders who include hedge funds and billionaires, and those people don't want to see lawsuits regarding ebay in the news since it is bad P.R. for ebay. If the worst example you have is a $500 hockey card, then the $500 hockey card is 1/100,000,000th of the assets of ebay. To say that you are financially over-matched is to be putting it mildly.
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