07-27-2007, 08:18 AM
Quote:Eight people have been arrested in Hong Kong after eBay customers paid hundreds of thousands of US dollars for goods that were never delivered, police said Friday.
Twenty apartments and homes were raided as police rounded up suspects believed to be behind more than 2,000 transactions on the online auction site involving buyers from countries including the US and Britain...
full article: http://www.bangkokpost.com/breaking_news...?id=120479
Quote:It is believed more than 10,000 people have been swindled through fraudulent transactions and police are still trying to ascertain the actual number of victims.
The suspects - five men and three women aged between 18 and 47 - were detained in raids that began across the territory early yesterday. They are alleged to have been involved in a well- organized e-auction fraud syndicate that was smashed following intensive investigations with the help of eBay, which is based in the United States. ..
full article: http://www.thestandard.com.hk/news_detail.asp?pp_cat=11&art_id=49946&sid=14670841&con_type=1