au: eBay fraud probe could take months
Posted in: Legal, Privacy & Security at 30/07/2008 23:06
It could be months before police can unravel the spectacular collapse of one of the biggest Australian sellers on eBay, which left hundreds of users out of pocket hundreds of thousands of dollars.
Despite setting up a special PayPal fund to help some of the burned buyers with refunds, eBay has been criticised for not acting to remove the company's account earlier.
PayPal to reimburse Aussie eBayers
The Australian division of eBay subsidiary PayPal has confirmed it will reimburse customers left out of pocket by the collapse of local eBay seller EBS International.
EBS international sold equipment such as bikes and exercise equipment on eBay and other sites, but went into administration last week.