Watch Fraud on eBay

EBAY’S FRAUD PROBLEM IS GETTING WORSE

EBay has had a problem with fraudulent sellers since its inception back in 1995.   Some aspects of the platform have improved with algorithms and automation, but others such as customer service and fraud have gotten worse.  Small sellers have definitely been hurt by eBay’s “enhanced buyer experience”, but  more on that later.

WHY THE PLATFORM CONTINUES TO GET WORSE

My view about eBay is that it has been fully captured by Wall Street.  In 2014 eBay employed over 34,000 people.  Today that number hovers around 12,000.  In a fair world, one where corporations “took care” of their employees, one would expect the employee head count to grow with profits.  Shamefully, in America today, Wall Street can actually force a corporation into making detrimental decisions not only for their employees, but in the long run, the quality of the customer service that the business delivers.

Let me share with you the number one most common Wall Street scam perpetuated on unsuspecting corporations.  I will use eBay for example.  It goes as follows:

  1. One day, CNBC’s Jim Cramer or others such as David Faber, the Mergers and Acquisitions reporter at CNBC,  begin planting the idea in the publics’ head that eBay and PayPal—(you may insert any corporation listed on the stock exchanges here)—would be better off as separate companies.  They proclaim that investors are not getting proper value out of the entities remaining combined.  This pressure drives the stock price of eBay down until their executives acquiesce to Wall Street’s will and split PayPal off as a separate entity.
  2. They accomplish this by corrupting the CEOs and others within PayPal and EBay (example only)  by constructing a bonus arrangement into the divestiture agreement whereby the executives reap millions for carrying out the transaction which includes of course convincing the major shareholders that it is the right thing to do.  This happens over and over on Wall Street with dozens of corporations each and every year.  Then, one day Wall Street bankers come calling once again and suggest the companies should consider merging again or acquiring another corporation of some sort.  All of this is done not for the good of the corporations, but for fee generation to line the banker’s pockets with. This is what is known the Financialization of Capitalism, or the Financialization of Wall Street…choose your term; this is where money is no longer going into capital formation for new companies and progress, but for the mere purpose of stripping profitable companies of the their cash by bankers and corporate raiders, i.e., hedge funds, etc.,

Thus we are now left with a very dysfunctional eBay and PayPal where the once stellar customer phone service has all but disappeared for both companies.  And with eBay, they can no longer adequately police their own auctions.  They simply do not have enough employees to address the growing fraud problem.   OK, so what about the watch fraud?

NOW ON TO THE WATCH FRAUD:

Looking at various watch auctions tonight,  I ran across two interesting auctions;  one by a seller in Japan, the other by a seller located in India.  The Japanese seller has 200 plus feedbacks and the Indian seller only has two.  My intuition tells me it is most likely that the Indian seller committing the fraud here, but I will let the reader decide.  So please take a look at the photos of the two listings below.  The first one is from the Japanese seller (3 screen shots)  The second listing is from the Indian seller (3 screen shots).  It is my belief that the Indian seller is stealing the Japanese sellers photographs and posting false listings.  Of course, it could be the Indian seller has a cousin living in Japan selling from the same inventory, but that is highly unlikely.

Conclusion: See his feedback below…it is more likely that this is one and the same seller and is located in India but stating that the watch is in Japan as a “marketing” ploy.  Or, he is attempting to establish a second account in order to outrun his rather long string of negative feedback.

CLICK ON THE PHOTO TO ENLARGE

JAPANESE LISTING:

Japan 1

Japan 2

Japan 3


Now for the Indian listing.  The last two photos are identical to the ones provided by the Japanese seller….same movement, same description:

India 1

India 2

India 3

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———-

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Transcript:

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Abstract

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https://archive.org/details/why-beauty-matters-roger-scruton

or Click here to watch

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Reprint from The Sportsman’s Cabinet and Town and Country Magazine, Vol I. Dec. 1832, Pg. 94-95

To the Editor of the Cabinet.

SIR,

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By Swami Panchadasi

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Guarea guidonia

Recipe

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The Black Grouper or Jewfish.

 

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The Standard Navy Boats.

Above we find,

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Man looks at severed hand and foot….for refusing to climb a tree to cut rubber for King Leopold

Click here to read The Crime of the Congo by Arthur Conan Doyle

Victim of King Leopold of Belgium

Click on the link below for faster download.

The [...] Read more →

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Tuna and Tarpon.

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NAPOLEON’S PHARMACISTS.

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VITRUVIUS

The Ten Books on Architecture

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Dried Norwegian Salt Cod

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Ingredients:

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Wojna Kalmarska – 1611

The Kalmar War

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Watch Fraud on eBay

EBAY’S FRAUD PROBLEM IS GETTING WORSE

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Catholic Religious Orders

Saint Francis of Assisi, founder of the mendicant Order of Friars Minor, as painted by El Greco.

Catholic religious order

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THE FOWLING PIECE, from the Shooter’s Guide by B. Thomas – 1811.

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Reprint from The Pitfalls of Speculation by Thomas Gibson 1906 Ed.

THE PUBLIC ATTITUDE TOWARD SPECULATION

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Target Practice

Nov. 12, 1898 Forest and Stream Pg. 396

The Veterans to the Front.

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Artist Methods

Como dome facade – Pliny the Elder – Photo by Wolfgang Sauber

Work in Progress…

THE VARNISHES.

Every substance may be considered as a varnish, which, when applied to the surface of a solid body, gives it a permanent lustre. Drying oil, thickened by exposure to the sun’s heat or [...] Read more →

A Few Wine Recipes

EIGHTEEN GALLONS is here give as a STANDARD for all the following Recipes, it being the most convenient size cask to Families. See A General Process for Making Wine

If, however, only half the quantity of Wine is to be made, it is but to divide the portions of [...] Read more →

On Bernini’s Bust of a Stewart King

As reported in the The Colac Herald on Friday July 17, 1903 Pg. 8 under Art Appreciation as a reprint from the Westminster Gazette

ART APPRECIATION IN THE COMMONS.

The appreciation of art as well as of history which is entertained by the average member of the [...] Read more →

Chantry Chapels

William Wyggeston’s chantry house, built around 1511, in Leicester: The building housed two priests, who served at a chantry chapel in the nearby St Mary de Castro church. It was sold as a private dwelling after the dissolution of the chantries.

A Privately Built Chapel

Chantry, chapel, generally within [...] Read more →

Indian Modes of Hunting – Setting Fox Traps

Aug. 13, 1898 Forest and Stream, Pg. 125

Game Bag and Gun.

Indian Modes of Hunting. III.—Foxes.

The fox as a rule is a most wily animal, and numerous are the stories of his cunning toward the Indian hunter with his steel traps.

Tuna Record

TROF. C. F. HOLDFER AND HIS 183LBS. TUNA, WITH BOATMAN JIM GARDNER.

July 2, 1898. Forest and Stream Pg. 11

The Tuna Record.

Avalon. Santa Catalina Island. Southern California, June 16.—Editor Forest and Stream: Several years ago the writer in articles on the “Game Fishes of the Pacific Slope,” in [...] Read more →

Slaughter in Bombay

From Allen’s Indian Mail, December 3rd, 1851

BOMBAY. MUSULMAN FANATICISM.

On the evening of November 15th, the little village of Mahim was the scene of a murder, perhaps the most determined which has ever stained the annals of Bombay. Three men were massacred in cold blood, in a house used [...] Read more →

A Survey of Palestine – 1945-1946

This massive volume gives one a real visual sense of what it was like running a highly efficient colonial operation in the early 20rh Century. It will also go a long way to help anyone wishing to understand modern political intrigue in the Middle-East.

Click here to read A Survey of Palestine [...] Read more →