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Old 07-03-2008, 11:33 AM
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Default ok Lawyers- Is shill bidding illegal?

Posted By: leon

I disagree with the idea that "I am going to pay what I think is fair and who cares if I get shilled getting up to that point". The reason there is an auction is to set a market price, fairly. When there is shilling, the "auction" is not fairly representative of the market price...and it's fraud which is a crime. Call it what you like...it's still a crime ..regards

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