Sutekh94 wrote:That item description though.
Especially this
"Obvious money laundering scheme but hey if it gets it done. Surprised they haven't caught you yet.
- big-iron 9-14-2014"
I have suspected for a while now that many of the outrageously priced listings were done as a means of transferring ill gotten gains. It doesn't take more than a few seconds to see what other identical items have sold for in the past, so there's no reason for anyone to think that the one they have is somehow special and warrants a higher price than the last hundred or so identical items that were sold in the last few months. You can buy ebay gift cards for cash up to $500 no questions asked. Yeah, if you go into the supermarket and try buying $10,000 worth of gift cards for cash it might be questioned, but not for $500 or less. It's a great scam especially if you have an accomplice in another country. You buy your gift cards, your friend makes up some B.S. listings on ebay, you buy them then pay with the gift cards, ebay transfers the money to your friends account and they deposit it into their own bank and boom. You've just laundered and moved illegal funds out of the country without getting up out of your easy chair.
