ebay finds that PWCC engaged in shill bidding?

[Bored5000]

Originally Posted by Snowman

Does anyone have an idea of what the maximum amount of time the FBI might spend would be before bringing charges in a case like the PWCC/PSA/BGS/Probstein/eBay card trimmers and shill bidding scandal?

Also, when did it start? Wasn't it about 3 years ago now?

At some point, we should get to close the door on whether or not PWCC was engaged in illegal activities. If they were/are guilty of what their detractors claim, then Brent, and likely others, will be charged with crimes. At some point we no longer have to guess whether it not they were engaged in illegal activity. We'll know, because we know the FBI looked into it.

If charges are brought against PWCC and/or its owners, then I think it's likely that this ebay email cutting ties with them has something to do with it. However, on the other hand, if charges are not brought against PWCC within the next 6 months? 1 year? 2 years? Then it would be safe to assume that the detractors were wrong all along and that ebay's email likely was defamatory and an attempt to tarnish the reputation of a competitor.

I honestly don't know which direction I'd lean here in terms of who is and isn't guilty and what they might be guilty of. I wouldn't be surprised be either outcome (PWCC collapsing and Brent ending up behind bars or PWCC/PSA/BGS/Probstein all being exonerated). But being 3 years into this with still no charges being brought at all? That's not looking good for the haters. And with every day that passes, it looks less and less likely that they were right. How much time is left in the hourglass of this investigation? When I think about other recent FBI investigations that have been in the news, they were all wrapped up in much sooner than this one and multiple charges were brought against people at different points in time throughout the course of those investigations. Yet we still have no charges from this investigation. Could it be that it was delayed because of the pandemic perhaps? Maybe it's now just heating back up again and that's why ebay cut ties with PWCC? How much longer do we give this? At some point we either need to see some charges or we need to see some apologies.

If there are still no charges by this time next year, I think I'll be pretty firmly in the "they're not guilty" camp. I think 4 years seems like it should be enough time to make that conclusion, but I don't really know. That's just a guess. Maybe these things can take 7+ years for all I know. But it sure seems unlikely to me.

Do you really think eBay put out the statement they did without having it vetted by their legal team and having ironclad proof?

[D. Bergin]

Originally Posted by Bored5000

Do you really think eBay put out the statement they did without having it vetted by their legal team and having ironclad proof?

Not taking sides here, but have you read the link just a few posts up? Higher ups and "Fixers" in Ebay have sent bloody pigs masks, cyber-stalked, surveilled, and essentially terrorized tech bloggers who have been critical of them.

They aren't known for making sound legal decisions to begin with.

Billion dollar companies don't have to be quite as careful as the rest of us. Especially when all the highest executives have giant golden parachutes written into their contracts, should things somehow blow up on them.

Ebay says: "Are we protected?"

Legal team says: "Sure, just show us the money!"

[Snowman]

Originally Posted by Bored5000

Do you really think eBay put out the statement they did without having it vetted by their legal team and having ironclad proof?

I will reword your question first as Do you really think eBay is capable of putting out the statement they did without having it vetted by their legal team and having ironclad proof?

To this revised version of your question, I would answer yes. Emphatically, yes (although it was certainly also reviewed by their legal team first). I used to live and work only a few blocks from ebay's headquarters. I have several friends who are either current or former employees of eBay. They've also been actively trying to recruit me for years. I've heard many stories from numerous different departments at eBay, all of which shed light on them having a cutthroat corporate culture that I want no part of. An email blast like this is precisely the type of calculated move I would expect from them in an effort to damage their competition. But that doesn't mean this is in fact what happened or that I even believe this to be what happened here. I don't know what went down in this instance. I have no insider knowledge of this particular situation. I'm just saying they are certainly capable of it.

And IF the "individuals associated with PWCC" merely refers to people who consigned with them, then I would have a serious issue with ebay sending out this email and would definitely consider it to be defamatory.