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Old 05-31-2007, 06:03 AM
SamIAm SamIAm is offline
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Join Date: Apr 2004
Location: Merry Chhannukaahh
Posts: 6,273
Default Re: Instant ruin: a lifetime of work down the drain due to 1 bad decis

[ QUOTE ]
I'm not sure I understand the whole scam because I don't know a thing about how auctions work.


What does the auctioneer get out of it?
Is he colluding with those who are purchasing the items and they are giving him extra bucks under the table in order to buy the stuff so cheaply?
Or it's just a bunch of friends of his and he let them have the items for super-cheap?

I'm an idiot so I need further explanation on this one.

[/ QUOTE ]
Seems pretty straightforward. <ul type="square">[*]Woman hires Slimeball to sell stuff. (I expect he receives some percent of the sale price.)[*]Slimeball doesn't promote the auction, essentially bringing only his buddy to the show.[*]Buddy bids $0.01 for each item and wins.[*]Slimeball keeps his percentage of those pennies, gives the rest to the woman.[/list]
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