Wednesday April 07, 2010

eBay to Pay Damages to Duped Gold Buyer

eBay has been ordered to pay $22,000 in damages to a guy that bought gold on eBay but never received it. According to the article, eBay was found negligent because they ignored previous complaints about the seller.

eBay advertised the company as a "power seller", a particularly trustworthy vendor according to the auction site's own criteria, despite complaints, notably regarding its times of delivery. Ordering eBay to pay 16,463 euros (22,000 dollars), the court said the auction site had been aware of ML Agentur's record before the gold bar transaction was made and was therefore guilty of negligence.

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