A year or two ago, I emailed an eBay seller telling him all of his 8 capped bust halves were counterfeits. It was pretty obvious, but not to the novice collector. He refused to remove them so me and a few seller friends reported him and eBay removed them. After looking at his feedback, he had a few neutrals from buyers that said his coins were fake but he accepted a return. A few months later, he's selling those same capped halves again along with some key dates in AU condition... like an 1811 half cent and a 1876 CC 20 cent (yeah right!). So I'm telling a seller buddy of mine about this and he gets on the guy's feedback and emails all his old buyers to get their coins checked. Quite a few responded and opened cases against this guy. After some time, the negatives pile up, but still eBay won't do anything about him. So then, my buddy calls the U.S. Secret Service on the guy AND buys a couple fake 2 cent pieces from him and turns them over to the secret service! Next he Googles the guy's actual name and finds out he's been in jail 3 times. Once for 2, 10-year concurrent terms in Missouri for robbing a post office and selling the stamps in his Dad's coin and stamp shop (back in the 1960's). Once for selling fraudulent bonds in the 1980's, and he just got out of jail in FL in 2007 after doing a number of years for creating 8.2 million dollars in fake bonds and selling them to another crook loan shark for more than $2 MILLION DOLLARS! After his latest series of negatives, he privatized his feedback and yanked all his auctions. But eBay still hasn't done a thing to remove him. Amazing and terribly disappointing!
Same reason why ebay doesn't do damn thing about shill bidding because they stand to make $$ from it...