5 Weeks and $2 Million Get eBay Seller 4 Years

5 Weeks and $2 Million Get eBay Seller 4 Years

In a 5-week period, a single online seller defrauded hundreds of customers out of nearly $2 million using eBay and PayPal, according to allegations by the Department of Justice.

The government said the seller listed and sold gold bullion and gold coins, receiving payment through PayPal, but never sent the items.

When eBay customers inquired about the status of their purchase, the seller allegedly provided fraudulent shipping and tracking information to delay the discovery that he had not sent the coins.

The defendant will serve four years in federal prison followed by three years of supervised release and was ordered to pay $1,371,080.66 in restitution, according to the government press release found on Justice.gov.

Ina Steiner

Ina Steiner

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She’s a widely cited authority on marketplace selling and is author of “Turn eBay Data Into Dollars” (McGraw-Hill 2006). Her blog was featured in the book, “Blogging Heroes” (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.