Ebay Money Laundering ?

UnicornLv

Newbie

Mar 14, 2016

27

6

• May 23, 2019

• #1

Hi guys/girls, i'm a new seller on ebay and i was checking out other sellers and found this interesting view, funny thing is those items cost a few 40 bucks and selling for 999 usd in quite some numbers, is it money laundering right there ? what you think ?

 

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Dantello

Regular Member

Feb 12, 2014

392

120

• May 23, 2019

• #2

A lot of sellers inflate the price while they are low on stock.

 

C

chrisma

BANNED

May 23, 2019

15

1

• May 23, 2019

• #3

nothing laundry money on ebay

 

M

MtnBikingJay

Junior Member

Jun 14, 2010

103

30

• May 25, 2019

• #4

The amount sold were most likely for the lower price. No one is buying that stuff for 999. It's just listed like that because they're probably out of stock and don't want to remove the listing

 

Lamelo Ball

Junior Member

Oct 7, 2018

158

55

• May 25, 2019

• #5

invu3 said:

The amount sold were most likely for the lower price. No one is buying that stuff for 999. It's just listed like that because they're probably out of stock and don't want to remove the listing

Click to expand...

I think you are right. Maybe the seller has edited the price so it appears that the price is $999. It could be true because it seems the items are sold by same buyers. If money laundering is main motive via ebay there is some easier method like list a crap domains and price it $5000 and allow the launders buy it for $5000. It would look all fair and square.

 

Dresden

Elite Member

Mar 10, 2014

2,657

1,605

• May 25, 2019

• #6

Those could be prearranged auctions. Client A buys an inflated product from Client B. Once client B receives the cash through paypal and into this bank account, he then meets up with Client A to deliver the actual goods or sends them via mail.

Not sure if that is the case with this seller but I'm pretty sure such auctions exist on ebay.