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by digitaltrees 27 days ago
oh young grasshopper, I see you dont know that money launderers love the ebay hype cycle. Its REALLY common on high dollar hot items to have phantom transactions where parties are on both sides of the transaction to clean illicit money. The high price tag and high volume amount of transactions hides the illicit signal. I have tried to buy a few of these mac studios only to have the transaction cancelled because I wasnt the dirty money on the other side.
3 comments

Funny, they have the "honesty" to cancel the transaction and not take your money, just to keep their ebay reputation high ?
eBay and PayPal almost always side with the buyer.
The transaction was cancelled? Sounds like you weren't defrauded.
GP didn’t say they were defrauded. They said the listing was a cover for laundering money.
"weren't scammed" might have been a better choice of words, which they said one post up.
I said there are lots of scam listings. And then discussed a second issue which is fake listings that are designed to launder money. There are both. Some of the fake listings are obvious: way under priced, listings for “original boxes” not the actual computer. So that’s why I don’t want to buy off of eBay for this category. But I did also buy what appeared to be a reasonable listing and it was canceled. I can’t prove why but two sided money laundering is a known thing
Ah, I see what you mean now.
Bizarre. They don't care that eBay takes 14%?
14% seems like a pretty low fee to clean drug money, if we're being honest
Traditional money laundering loses upwards of 40%, so hell yeah.
What am I going to do with 40 subscriptions to Vibe?