Ebay Seller Convicted, Fined for “Shill Bidding”

What’s to stop you from posting an auction on online auction site Ebay and then bidding on it yourself from another fake account to boost the price? Nothing, if you don’t mind the idea of breaking the law and possibly facing jail time and a $7,500 fine when you get caught and convicted. Paul Barrett was the first U.K. seller “to be prosecuted for artificially inflating prices by bidding on his …

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