Fake purchases I believe generated by Ebay employees

[chief-many-mopars]

this is happening more and more that i get messages from other members apolgizing or are **bleep** off because one morning they look at thier inbox only to find they have made a major purchase while they were asleep.if this happened once,maybe twice,i would say they are just full of it and had buyers remorse.but this is happening quite often.im convinced ebay employees are 'purchasing' items,or bots are,so they can get fees and look like sales are being generated to thier stockholders.yes a good majority of the fees are given back,but they are holding your money for a period of time.think of that being done on a huge scale,like millions of people.thats a lot of money,and a lot of interest earned in thier bank account based on not real money.in addition they have already gotten your listing fees.ive long held the belief that ebay also was creating millions of zero feedback buyers for this same purpose.hit the buy it now and never respond.on a 99 cent item,who cares,but on cars or luxery items,those fees add up quick.i really am amazed the FTC has not shut these dirtbags down.even if what im thinking is not true,its well known over the years they have partaken in plenty of other criminal miscief

[paudoh-16]

OMG 

[the*dog*ate*my*tablecloth]

The theory would make more sense if Ebay didn't wait to invoice fees. If you actually PAID the fees when the sale went through. Most times by the time you file and close a UID (six days) then it will slide in on the same month invoice.

This theory doesn't make a lot of sense to me. Ebay would be involved in fraud to sometimes carry a minimal fee balance. Just like in that movie where they collected the rounding errors except Ebay is actually open to investigation by things like the SEC.

[dirk12955]

Contrary to popular opinion, There is not a conspiracy under every rock.

[slippinjimmy]

Under rocks? No!
Under a lot of eBay sellers...Absolutely!

This particular one is perhaps the most "imaginative" I've ever read.

[dirk12955]

It is pretty good, "Imaginative" is right.

[thatsallfolks]

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@chief-many-mopars wrote:

hwhen a person,or entity,puts money in a bank account,that account earns interest.when you have millions or billions of dollars in an account,even at 1% interest that generates a tremendous amoutn of money.

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This is hilarious. Let's say eBay had a continuous stream of "fake" sales that allowed them to maintain a bank balance of $1 billion that they weren't entitled to. At 1% interest, that earns them $10 million in a year.

eBay's NET earnings in 2017 were $2.16 BILLION. So your conspiracy theory has them committing massive fraud in order to increase their yearly earnings by a massive 0.4%.

That's priceless!

[paudoh-16]

After this quarter, if the term negative growth is mentioned with the term EPS, the shareholders eyes are going to go wide open. Guess we'll see what happens then.

At this point, the only eCommerce platform suspected to have negative growth is guess who?

[kensgiftshop]

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@chief-many-mopars wrote:

im convinced ebay employees are 'purchasing' items,or bots are,so they can get fees and look like sales are being generated to thier stockholders.yes a good majority of the fees are given back,but they are holding your money for a period of time.

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Ebay doesn't get any money until we pay our invoice, so there isn't any money for them to hold.

[lyan9337]

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@kensgiftshop wrote:

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@chief-many-mopars wrote:

im convinced ebay employees are 'purchasing' items,or bots are,so they can get fees and look like sales are being generated to thier stockholders.yes a good majority of the fees are given back,but they are holding your money for a period of time.

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Ebay doesn't get any money until we pay our invoice, so there isn't any money for them to hold.

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Shush! Don't try to inject facts in to a perfectly good conspiracy!

[siayan]

I would think it would be easier for eBay just to add $10 to every sellers invoice. Why go through the trouble of fake sales. 

But hey, maybe this is what the forced returns is all about. eBay buys a big warehouse. Makes all these purchases. Then waits 29 days and returns the items. It is starting to click now. 

I bet the Post Office is in on this.

[coffeebean832]

I can't decide if this is really funny or really sad.

[gtbassfender]

so try and get all your paypal fee back, you wont !!

[paudoh-16]

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@coffeebean832 wrote:

I can't decide if this is really funny or really sad.

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People are losing their livelihood, their businesses, sometimes even their monthly grocery money. I call that tragic.

[lyan9337]

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@paudoh-16 wrote:

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@coffeebean832 wrote:

I can't decide if this is really funny or really sad.

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People are losing their livelihood, their businesses, sometimes even their monthly grocery money. I call that tragic.

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You actually believe that eBay is hacking accounts and buying items just to harm sellers?

[kitchen-topia]

"waits 29 days and returns the items..."

Items? What items? There are no rocks or jars 1/2 full of vaseline located nearby?