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Jewelry merchant on eBay fined $400,000 for bidding up auctions »

Posted by: TechnologyExpert 1 year, 2 months ago

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A jewelry company on eBay Inc. that allegedly bid on its own auctions to illegally drive up prices by as much as 20 percent agreed to pay $400,000 in restitution and penalties, the New York state attorney general's office said on Saturday.

Read Full Story at reuters.com

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I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...

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