ebay finds that PWCC engaged in shill bidding?

[D. Bergin]

If Ebay just curbed bid retractions and cancellations, this problem would go away tomorrow.

If this e-mail is legit, it's Ebay throwing one of their biggest clients under the bus to shield themselves from their own negligence and malfeasance.

With advance apologies to one of my favorite posters on NET54, it's like Jose Canseco ratting everybody else out, for the drugs HE provided or turned them on to, and then acting like he's somehow the hero in all of this.

[Peter_Spaeth]

Originally Posted by D. Bergin

If Ebay just curbed bid retractions and cancellations, this problem would go away tomorrow.

If this e-mail is legit, it's Ebay throwing one of their biggest clients under the bus to shield themselves from their own negligence and malfeasance.

With advance apologies to one of my favorite posters on NET54, it's like Jose Canseco ratting everybody else out, for the drugs HE provided or turned them on to, and then acting like he's somehow the hero in all of this.

There are potential problems beyond retractions if in house shills are bidding on items.

[D. Bergin]

Originally Posted by Peter_Spaeth

There are potential problems beyond retractions if in house shills are bidding on items.

Sure, there's always a workaround, but it makes it a lot harder to cheat.

Ebay wants everybody else to police shilling, while they have the keys to most of the problem hidden right in their pocket.

[Brian Van Horn]

So,

https://www.usatoday.com/story/sport...ed/1929959001/

When will all of this finally result in some level of judgment in the courts?

[maniac_73]

Originally Posted by D. Bergin

Sure, there's always a workaround, but it makes it a lot harder to cheat.

Ebay wants everybody else to police shilling, while they have the keys to most of the problem hidden right in their pocket.

Unlike AI for grading, it's relatively easy for Ebay to create an algorithm to detect suspected shill bidding and confirm bids.

[packs]

Wow

[Jewish-collector]

This is one of those times that sometimes you just gotta say "WTF"

[Jersey City Giants]

It came from an email address I have never seen before at eBay. Hence, instead of following the link I just went to the help page at eBay and requested a call back. 39 minutes so will wait until they call me and will confirm.

[nwfsteve]

I got the letter too. I bought a couple things from them in the past. My beef with PWCC was in February, I consigned a nice 1961 Topps BB set and a graded 1960 Koufax Morrell Meats. They never listed them despite repeated and ever more edgy inquiries. I had to file an arbitration case against them before they responded and finally sent back the items to me in June.

[bobbyw8469]

Originally Posted by nwfsteve

I got the letter too. I bought a couple things from them in the past. My beef with PWCC was in February, I consigned a nice 1961 Topps BB set and a graded 1960 Koufax Morrell Meats. They never listed them despite repeated and ever more edgy inquiries. I had to file an arbitration case against them before they responded and finally sent back the items to me in June.

What!?!?!??! Did they ever say why they didn't list them?

[Eric72]

FOR THE PEOPLE WHO RECEIVED THE EMAIL:

Did you also go to your "My eBay: Messages" page and see the email there?

[Exhibitman]

I am sure this was a carefully conceived plan:

eBay has a Board Meeting about PWCC:




eBay's outside counsel weighs in:



And the fateful decision is made. The Crackerjack Public Relations Department at eBay Goes To Work and crafts a press, er, release:



Those of us who've long complained about the blatant crooks at PWCC respond:



While those of us who won't buy from PWCC and don't pay attention to PWCC results because they are bull$hit receive the news a bit calmer:



Next Episode: The PWCC Empire Strikes Back

[The Nasty Nati]

This is big news. PWCC in many cases controls the market price of cards. If PWCC gets shut down, which may very well happen (hello Mastro Auctions), then prices for cards could come down.

Great news for collectors, bad news for investors.

[nwfsteve]

Originally Posted by bobbyw8469

What!?!?!??! Did they ever say why they didn't list them?

First response was it was late in the consignment period so they pushed it to March. After that, it was a series of endless "we're looking into it."

My wife's a lawyer, so we had our documentation in order but I figure they sat on my $5,000 plus or minus for 3-1/2 months.

(Excuse for using them: had dealt with them twice, worked out OK, and they were quick with the payouts).

[hcv123]

Hopefully. At some point it would be nice to see integrity matter! That USA today article is the first I heard of any action taken at the National and an update that the FBI investigation is apparently ongoing!!

[JimC]

A friend of mine just called and talked to his PWCC concierge, who confirmed that this is real.

[hockeyhockey]

this is absolutely shocking

ok not really but glad they got outed

[Rookiemonster]

I have questions!

1) Anyone surprise?

2) what happens to people who have a collection for sale / in vault

3) past sales that prove to be shilled ?

4) why would they continue to play dirty if they were being watched by The FBI?

[D. Bergin]

Originally Posted by D. Bergin

If Ebay just curbed bid retractions and cancellations, this problem would go away tomorrow.

If this e-mail is legit, it's Ebay throwing one of their biggest clients under the bus to shield themselves from their own negligence and malfeasance.

With advance apologies to one of my favorite posters on NET54, it's like Jose Canseco ratting everybody else out, for the drugs HE provided or turned them on to, and then acting like he's somehow the hero in all of this.

BTW, Ebay is still providing that drug to whoever wants or NEEEEEEDS it.

You get a bid retraction, you get a bid retraction, you get a bid retraction............................EVERYBODY gets a bid retraction!!!!