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Cleaning Money with bicycles and stuff...

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Cleaning Money with bicycles and stuff...

Old 11-27-13, 08:54 AM
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Cleaning Money with bicycles and stuff...

I am, often time, astounded at what does sell on Ebay. For example, a small lot of rusty, dented and otherwise horrible seat posts is offered for just under twenty bucks, with a $42.00 shipping charge attached to the sale. I took some time to look at the seller's feedback.

He, or she, has thousands of sales, most of junky stuff plus the forty some dollar shipping cost, and most items that sold had one bid only. This got me to thinking...

What the heck is this all about. Do some people pay $1,500.00 for a Sekine. Or $19.00 + $40.00 for some rusted and pretty much useless steel saddle posts? Is someone actually buying this junk? If so, perhaps they should not be allowed to breed.

I hesitate to name the seller but I did mark his saddle posts. Betcha they sell for the intitial bid and there will, probably, be only one bid. Does this raise red flags with anyone else? Do you see this sort of thing with other sellers? Do you think that, perhaps, something fishy is for sale and, as nearly as I can tell, there is no fish category in Ebay (could be wrong about that).
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Old 11-27-13, 09:12 AM
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It's Ebay - get over it.
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Old 11-27-13, 09:14 AM
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I'm not an ebay expert. But if I see a starting bid listed at more than I think it is worth I don't bother read any further.

Sometimes I wonder if some bidders might be shills/
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Old 11-27-13, 09:16 AM
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i think the same thing, and maybe there are people with 20 accounts bidding on themselves to boost their own ratings or something.
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Old 11-27-13, 10:51 AM
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It's just the way of the world today. Everyone is trying to boost their imagine. Selling stuff to yourself on ebay allows you to rack up more closed sales and give yourself 100% satisfaction. Not to mention that on-time delivery is guaranteed.
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Old 11-27-13, 10:53 AM
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Originally Posted by Chuckk View Post
Cash business becomes a useful way to convert "dirty" money into legal tender.
For instance, imaginary cash customers at a restaurant, or for foreign transfer = eBay and PayPal.
It wouldn't surprise me if that's part of the reason that PayPal just added restrictions to any foreign transfer to individuals. Up to this point, ePal has been more than willing to charge their 10% for the "service".
It took 5 posts for someone to show understanding for what Randy is getting at.

My 2cents... money laundering on ebay? I would be surprised if it wasn't happening.
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Old 11-27-13, 11:17 AM
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Originally Posted by cyclotoine View Post
It took 5 posts for someone to show understanding for what Randy is getting at.

My 2cents... money laundering on ebay? I would be surprised if it wasn't happening.
But in $40 increments ?? That's a lot of time & effort.

Why no link to the seller ?? You are just providing already pulic info, with no specific claims or allegations.
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Old 11-27-13, 11:50 AM
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Originally Posted by Chuckk View Post
What's all this I hear about pubic info?
Personally, I do NOT want to hear about Rosanne Rosannadanna's or Gilda's PUBIC info.
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Old 11-27-13, 12:05 PM
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Think about what can cost $40-$60.
Now think how convenient it might be to be able to pay for that through PayPal or with a credit card instead of cash on the corner.
Now consider thousands of $40-$60 transactions.
Sounds like the potential for an independent distribution business of the agricultural variety. If you get my drift.
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Old 11-27-13, 12:13 PM
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Originally Posted by cyclotoine View Post
It took 5 posts for someone to show understanding for what Randy is getting at.
I'm still trying to figure out what this
For instance, imaginary cash customers at a restaurant, or for foreign transfer = eBay and PayPal.
is trying say.
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Old 11-27-13, 12:14 PM
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Hmmm.... How much would you be able to stuff in a seatpost?
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Old 11-27-13, 12:18 PM
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Originally Posted by non-fixie View Post
Hmmm.... How much would you be able to stuff in a seatpost?
Lol!
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Old 11-27-13, 12:57 PM
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Originally Posted by Homebrew01 View Post
But in $40 increments ?? That's a lot of time & effort.

Why no link to the seller ?? You are just providing already pulic info, with no specific claims or allegations.
Ok. How do $500 increments sound?
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Old 11-27-13, 01:11 PM
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Why no link to the seller ?? You are just providing already pulic info, with no specific claims or allegations.
Because I was not making an accusation. I was only wondering about the seller and,what looked like to me, bogus feedback information. I would never accuse someone of anything unless I had proof and there is a long, and long lasting, story behind that comment.

Anyway, laundering was one of the things that did come to mind.
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