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#11
07-02-2008, 05:50 PM
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ok Lawyers- Is shill bidding illegal?
Posted By: Mike Mccullough
Sorry in advance if only lawyers can reply.... But,,,,,while were on the subject, shill bidding happens all the time in real life auctions and it seems that this practice is accepted.. Call it a hidden reserve, call it a pump to test the market... Whatever the case,, it is flat ass wrong and the people who do it are knowingly doing this to maximize there holding / interest in said auctioned item.. It is 100% fraud and ought to be illegal IMHO.. 
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