Whole Network Beads Bridal Jewelry Gemstones Holiday Jewelr... Jewelry Collec... Jewelry Design... Most popular

 

Ebay Sellers Pays Restitution to Jewelry Buyers

Filed in archive Jewelry News by tammy on June 10, 2007

Ebay Sellers Pays Restitution to Jewelry Buyers
Ebay is still one of the hottest places on line to buy just about anything, and that especially means jewelry. There is a lot of jewelry, which means there is a lot of competition between jewelry merchants. That may be why one Ebay jewelry seller tried to get over on his Ebay customers. From Jewelry Seller on eBay Fined $400,000:

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.

Ezra Dweck and employees of his company, EMH Group, placed more than 232,000 such bids worth some $5 million over about a one-year period, Attorney General Andrew Cuomo's office said.

Dweck and EMH Group have also been banned from the online auctionlinks industry for four years under the terms of the settlement agreed to by the parties, Cuomo's office said.

A lawyer for Dweck and EMH said they had resolved the matter "only to avoid an interminable, costly battle with the AG's office."

"EMH and Mr. Dweck did not intentionally encourage any fraudulent bidding," the lawyer said. "A buyback program, which was vetted by two attorneys, was created to give winning bidders an incentive to sell back to EMH certain items."

EBay brought the case to the attention of the attorney general's office and helped in the investigation over several months. The world's largest online auction company has been trying to demonstrate to buyers and sellers that it is making aggressive moves to halt fraud on its sites.








Permalink: Ebay Sellers Pays Restitution to Jewelry Buyers
Tags: ebay  jewelry  jewelry+merchant    fashion  ebay+sellers  restitution+jewelry  jewelry+buyers 

Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/74835

Bookmark this entry:

img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Related Entries:

Tiffany's in Tiff with eBay - 31 December 1969

Jewelry Career Resources - 31 December 1969

Ever wondered how eBay sellers fix auctions - fraudulently? - 31 December 1969

Children's Jewelry from China Unsafe? - 31 December 1969





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
TwitterFollow us on Twitter!

Use the search to look for other interesting posts



  • Archives

  • October 2009 (4)
  • August 2009 (24)
  • July 2009 (27)
  • June 2009 (26)
  • May 2009 (26)
  • April 2009 (26)
  • March 2009 (27)
  • More
  • Contributors (Last 90 days)

  • Maggie MacLean (18)
  • Creative Weblogging (4)
  • This site has 1644 entries and is powered by Creative Weblogging since August 2005.
  • Do you want to start or edit an existing blog for us and get paid? More info.
  • Do you want to advertise on this blog? We have great ideas!
  • Do you have tips for us? Send them!
 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.


  • Testimonials

  • 'I very much enjoy your blog and the fine pieces of jewelry.'

    I work with for Cartier [...] I am familiar with your jewelry blog and I thought you would be interested to know (if you don't already) that Cartier is re-launching their iconic LOVE collection.

    Very interesting!


  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: Beads Best of Bracelets Bridal Jewelry Celebrity Jewelry Costume and Fashion Jewelry Designer Jewelry Earrings Fine Jewelry Gemstones Holiday Jewelry Jewelry Awards Jewelry Careers Jewelry Collections Jewelry Contests Jewelry Designers Jewelry Designing Jewelry for a Cause Jewelry Gifts Jewelry History Jewelry News Jewelry Polls Jewelry Resources Jewelry Sales Jewelry Shops Jewelry Shows Jewelry Techniques Jewelry Trends Jewelry Videos Jewelry/Fashion Blogosphere Jewelry/Gem Resources Men's Jewelry Metallic Jewelry Mixed Media Jewelry Native American Jewelry Necklaces Pearls Rings Seasonal Jewelry Sponsored Post Sterling Silver Jewelry Vintage Jewelry Watches