| View previous topic :: View next topic |
| Author |
Message |
Adventurer
Joined: 28 Jan 2006
|
 Posted: Mon Oct 24, 2011 8:24 am Post subject: Woman sues Australian banks over son's eBay scam |
 |
|
(CNN) -- An Australian woman is suing the nation's top four banks for their alleged role in laundering money from her teenage son's $200,000 eBay scam that afforded him a $6,000-a-day playboy lifestyle.
Australian media reported that in 2007, the then 14 year old boy was making so much money selling non-existent laptops, mobile phones and watches on eBay he could afford to book a $4300-a-night penthouses overlooking Sydney Harbour, fly friends interstate for lavish parties and hire limousines to take him to the beach.
A spokesman for the Commonwealth Bank of Australia confirmed to CNN that the woman from the south coast of New South Wales, who along with her son cannot be named for legal reasons, had launched an action in the Supreme Court seeking damages over the scam.
Reports said she was seeking an apology from the Commonwealth Bank, ANZ, Westpac and NAB for ''unconscionable conduct'' after allegedly allowing her son to open numerous bank accounts with debit cards "without reasonable scrutiny".
http://edition.cnn.com/2011/10/24/world/asia/australia-ebay-scam/index.html?hpt=hp_t2 |
|
| Back to top |
|
 |
jvalmer
Joined: 06 Jun 2003
|
| Posted: Mon Oct 24, 2011 12:39 pm Post subject: |
|
|
| I should of thought of this when I was 14. Unfortunately there was no eBay then. |
|
| Back to top |
|
|
recessiontime
Joined: 21 Jun 2010
Location: Got avatar privileges nyahahaha
|
| Posted: Tue Oct 25, 2011 5:21 am Post subject: |
|
|
| he must opened several ebay accounts and sold 1 item on each account. People are so stupid to buy off a seller with 0 sales and it's a bit puzzling how it took so long before the boy was caught. |
|
| Back to top |
|
|
ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
|
| Posted: Tue Oct 25, 2011 11:14 am Post subject: |
|
|
| recessiontime wrote: |
| he must opened several ebay accounts and sold 1 item on each account. People are so stupid to buy off a seller with 0 sales and it's a bit puzzling how it took so long before the boy was caught. |
Actually, a much better plan would be to set up a site and then buy and sell several dozen low cost items and actually fulfill the orders to work up a nice perfect rating.
In addition, you can set up phoney buying accounts. Use those to buy items from yourself, pay yourself and give yourself high ratings without actually delivering any product - including some higher priced items.
Then load up the site with a bunch of non-existant higher priced items simultaneously with amazing prices. Set up a slight shipping delay following payment, but report the items as shipped after a few days. Stall the buyers as complaints come in while waiting for other payments. Make promises, the item is in the mail, will refund if it doesn't arrive etc - stall, stall, stall. Make excuses. Blame others. ("Gee, the item was returned to me, I'll reship it tomorrow." etc.)
Keep adding, selling and delivering new low priced items to avoid suspicion as long as possible. Buy stuff from yourself - more fake sales. Add and sell additional new high end items that don't exist as well. Collect as much cash as possible before the site is eventually closed.
During the two or three month period (maybe longer) that you could operate and milk the phoney site, establish another legit site with another name and IP address. Work up a good rating. This way you'll be ready to continue your phoney sales business without losing a beat when the first site is closed. |
|
| Back to top |
|
|
Jeonmunka
Joined: 05 Oct 2009
|
| Posted: Tue Nov 01, 2011 1:16 am Post subject: |
|
|
| Wow. |
|
| Back to top |
|
|
Stout
Joined: 28 May 2011
|
| Posted: Tue Nov 01, 2011 5:01 am Post subject: |
|
|
| ...and when it all comes crashing down, you can live an, um, splendid life, and later look back with pride on all you've accomplished |
|
| Back to top |
|
|
OneWayTraffic
Joined: 14 Mar 2005
|
| Posted: Tue Nov 01, 2011 12:49 pm Post subject: |
|
|
| Teenagers are pretty bad at looking ahead to the long term consequences of their actions. It's all to do with the underdeveloped prefrontal cortex. I doubt he was thinking about what to do afterwards. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
