This is from the latest Risks digest (22.77--see <news:comp.risks>):
-==--==--==--==--==--==--==--==--==--==--==--==--==--==--==- Date: Fri, 13 Jun 2003 09:14:12 -0400 From: "John Reinke" <[EMAIL PROTECTED]> Subject: eBay fraud
Police in South Salt Lake, Utah, are working with eBay to determine just how many people were victimized by what authorities say was one of the biggest frauds in the auction site's history. Police arrested 31-year-old Russell Dana Smith last weekend after hundreds of auction winners complained that they sent $1,000 or more to a company named Liquidation Universe for laptop computers they never received. Police say the firm appears to have raked in $1 million from about 1,000 victims in just a few weeks. [...] [Source: Bob Sullivan, MSNBC, Man arrested in huge eBay fraud; Buyers criticize auction site's seller verification service]
http://www.msnbc.com/news/925433.asp?0dm=C12LT
[FJR: Guarantees are only as good as the guarantor. There ain't no free lunch. When will people take security seriously?]
[This one is a long and ugly story. PGN]
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(PGN is Peter G Neumann, the moderator of the Risks Forum.)
Randall Schulz
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