De Master Yoda
07-27-2007, 07:52 AM
More arrests, this is what I like to see!
From Bangkok Post, Thailand.
8 arrested for eBay fraud in Hong Kong
Hong Kong (dpa) - Eight people have been arrested in Hong Kong after eBay customers paid hundreds of thousands of US dollars for goods that were never delivered, police said Friday.
Twenty apartments and homes were raided as police rounded up suspects believed to be behind more than 2,000 transactions on the online auction site involving buyers from countries including the US and Britain.
The fraud syndicate allegedly offered DVD players, computer memory cards and MP3 players at knock-down prices and took payments of up to 5,000 Hong Kong dollars (639 US dollars) from each buyer but never delivered the goods.
Detectives from the technology crime division of Hong Kong's commercial crime bureau estimate that the syndicate made more than 600,000 US dollars in the first six months of this year alone.
A police spokesman said thousands more people may have been stung by the Hong Kong-based fraudsters and that investigations were continuing to try to find out the true number of victims.
The investigation into the fraud syndicate, in which the bogus sellers allegedly hid behind hard-to-trace bank accounts, was prompted by a complaint from eBay to Hong Kong police earlier this year.
Five men and three women, aged between 18 and 47, were arrested Thursday in the police raids. Bank records of the accused and seven computers were also seized, the police spokesman said.
From Bangkok Post, Thailand.
8 arrested for eBay fraud in Hong Kong
Hong Kong (dpa) - Eight people have been arrested in Hong Kong after eBay customers paid hundreds of thousands of US dollars for goods that were never delivered, police said Friday.
Twenty apartments and homes were raided as police rounded up suspects believed to be behind more than 2,000 transactions on the online auction site involving buyers from countries including the US and Britain.
The fraud syndicate allegedly offered DVD players, computer memory cards and MP3 players at knock-down prices and took payments of up to 5,000 Hong Kong dollars (639 US dollars) from each buyer but never delivered the goods.
Detectives from the technology crime division of Hong Kong's commercial crime bureau estimate that the syndicate made more than 600,000 US dollars in the first six months of this year alone.
A police spokesman said thousands more people may have been stung by the Hong Kong-based fraudsters and that investigations were continuing to try to find out the true number of victims.
The investigation into the fraud syndicate, in which the bogus sellers allegedly hid behind hard-to-trace bank accounts, was prompted by a complaint from eBay to Hong Kong police earlier this year.
Five men and three women, aged between 18 and 47, were arrested Thursday in the police raids. Bank records of the accused and seven computers were also seized, the police spokesman said.