eBay Ripoff Report1 - n777mwood

WOW, he needs to be stopped.

 

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If you look at his listings, most appear "too good to be true".

 

Maybe this is John Ford, Jr, (Sorry, can't be him, he's deceased) or someone he trained (or who figured out how JFJ did it).

 

" Wrongfully changing the appearance" ......hmmmmm sounds like Fraud to me.

 

One of the items I was reading on this John Ford, Jr, had it where he referred to these as "processed" notes. I think that's a good term for what happened here. It was bought, and it was processed and then resold for more money. Fraud and possibly forgery, too if the ink was replaced with the intent to pass it as an authentic note. (Sort of like where the Mormon documents forger got old paper and cleaned them and re-wrote on it to create an "old" item. If I have that reference right.). If it travelled across state lines, then possibly breaking interstate commerce laws and becomes a federal offense, but if he sent it US Mail, then ...? Can be charged with committing mail fraud?

 

There are a number of laws governing our currencies that the average person would be surprised at the reach of the arms of our government. I just know I don't want any of them watching my business any more than they already do.

 

...even worse you would need to prove he did not buy it in that condition! The government is to busy busting lemonade stands than worry about this. We have already taken the first step by adding him the Currency Watch List LOL...

I feel sorry for this person! Probably another horror story in the making from Mr. Wood... well at least till the new owner tries to sale it? Almost bid on this one over the weekend, but when something looks to good to be true, than you know the rest. I looked up at the seller, and sure as **** it was Mr. Wood!
http://www.ebay.com/itm/120767529405?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

Downloading the trial software as I type!

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Wanted to add one more... Yet another horror story in the making, again over the weekend...

Anyone see anything wrong with this note or better yet the seller? Are these people out of their freaking minds?
http://www.ebay.com/itm/290602421354?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

How many here believe the buyer will actually receive the note, and would you have bid on this?

 

Let's put it this way... the OP's note that he returned will be relisted and sold again, probably to an unsuspecting buyer who will post glowing feedback. The seller has been doing this for a number of years, with only a handfull of negative feedback comments. We can complain and kick up a storm, report his auctions, but in eBay's eyes the seller is doing nothing wrong, and is making them a ton of money with his "high end" notes. I would be very surprised if any punishment to the seller was forthcoming from this.

 

You're right,
complaining to Ebay will do no good. He's a good seller in their eyes, and even if you proved one or two were changed, they won't do anything.
But, I'd bet that sometime in the future some people who buy these notes will go to have them certified. If the major TPG's were informed (with a couple of examples) of what happened, they can either be on the lookout for processed notes, and find a way to detect them, or they can (in house) start taking pics of all the notes they grade, and note flaws and put them in a database so when they come in again, regardless of the tier the person is using to have them graded, they can correllate them.
Otherwise, the TPG's in the future may be out losses if the person gets theirs graded and later on it's sold again, and proven to be processed. Just have to think whose business is most improved by focusing on this.

 

Now that, I will Agree with.

 

I don't think it would be considered illegal or counterfeiting..... but it's definitely unethical.

 

The seller probably sold over 3000 altered notes already, and almost all the buyers didn't recognized that the notes they bought have been altered and gave him great rating, I seriously doubt the secret service or government is going to do anything to him. The only way maybe slow him down is to buy his notes then give him bad rating.

 

:too-funny::too-funny::too-funny:

 

the seller has no feed back

 

You got it! and I'm sure he will show up $300 bucks richer with a new user name?
I hope I'm wrong but with 0 buyer and seller feedback I wouldn't trust $5 much less a crappy picture and a frenzy of buyers going after a 'something for nothing' auction finishing up at $305! Really? The guy certainly knows the blood lust for large notes on the weekend, I'll give him that...Oh well - carry on...

 

I hope you are wrong also

 

Well, if you feel strongly about this, then we all have one recourse, which if taken to it's possible extent, would cause this to be fixed...

And that recourse? Stop buying and selling on eBay. And when you do it, send the president, chairman of the board and each board member a letter letting them know why you no longer trust them.

If enough of us did that, they'd have to fix the problem.

In the end, the problem isn't the fraudulent seller, it's eBay for creating and maintaining the conditions that allow this to continue.

So lay the blame where it deserves to be laid and STOP USING EBAY....

Doug

 

I started threads on two other forums that I am active in regarding your misfortune:
http://forums.collectors.com/messageview.cfm?atid=24&threadid=828967
http://forums.wheresgeorge.com/showthread.php?t=170256

Hopefully others will also do the same on other forums...

Doug

 

I wish there was a way like this to check small size notes (Track and Price). There may not be as many worth big bucks as there are with large size, but I've been burned for a few thousand $. Live and learn.

 

I would have never even noticed that. Just starting out collecting, good to know this sorta stuff to look out for.