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<p>[QUOTE="Burton Strauss III, post: 2183133, member: 59677"]eBay is a publically traded company. Like all such they are driven by Wall Street's expectations of financial performance.</p><p><br /></p><p>Most buyers don't know they've been defrauded and happily tuck their counterfeit away.</p><p><br /></p><p>For most fraudulent purchases which are recognized as such, they claw back the funds from the seller's account.</p><p><br /></p><p>Neither of those cost eBay more than running a trivial customer service operation.</p><p><br /></p><p>And the sellers in those cases can remain members 'in good standing' for a long time.</p><p><br /></p><p>It's only when the seller sells an expensive item, grabs the money out of their PayPal account and skates that eBay is left holding the bag. So it only matters if the total of those cases add up to a financially significant amount.</p><p><br /></p><p>We have a long history of the credit card companies accepting a much higher level of fraud as just the cost of doing business. They pass the cost along to card holders and merchants in high fees & high interest rates.</p><p><br /></p><p>Actions speak louder than words and right now all eBay's words are lip service and their actions are saying that we don't give a bleep.[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 2183133, member: 59677"]eBay is a publically traded company. Like all such they are driven by Wall Street's expectations of financial performance. Most buyers don't know they've been defrauded and happily tuck their counterfeit away. For most fraudulent purchases which are recognized as such, they claw back the funds from the seller's account. Neither of those cost eBay more than running a trivial customer service operation. And the sellers in those cases can remain members 'in good standing' for a long time. It's only when the seller sells an expensive item, grabs the money out of their PayPal account and skates that eBay is left holding the bag. So it only matters if the total of those cases add up to a financially significant amount. We have a long history of the credit card companies accepting a much higher level of fraud as just the cost of doing business. They pass the cost along to card holders and merchants in high fees & high interest rates. Actions speak louder than words and right now all eBay's words are lip service and their actions are saying that we don't give a bleep.[/QUOTE]
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