Florida Tech CEO Indicted for Selling $1B Worth of Counterfeit Cisco Equipment

Re:Florida Tech CEO Indicted for Selling $1B Worth of Counte... by sem000 on Friday July 08, 2022 @07:21PM (#32029201)

I used to sell large volumes of used electronics on eBay and Amazon. We consistently had this issue with purchases being routed through freight forwarders and 9/10 of the customers would claim they never received the item.

eBay and Amazon would refund them and deduct it from me even when the tracking showed delivered.

I finally got fed up and decided one day to try adding signature confirmation to see what happens. Never lost the case again.

[ Parent | on HN ]

Re:Florida Tech CEO Indicted for Selling $1B Worth of Counte... by Spooky23 on Friday July 08, 2022 @11:12PM (#32031184)

I was the one guy who didn’t get ripped off. I sold a Sun Workstation when I was in college to a dude in Bolivia via a freight forwarder.

I didn’t realize at the time (late 90s) that cashiers checks can take 60 days to settle. I was really sweating it for a few weeks, as most of my net worth at the time was tied up in that computer!

[ Parent | on HN ]

Re:Florida Tech CEO Indicted for Selling $1B Worth of Counte... by TwoNineFive on Sunday July 10, 2022 @02:15AM (#32042288)

This is my exact experience with freight forwarders, except it was 100% scams. Now I google first and just won't ship to them at all.

eBay needs to get sued over this. They are taking part in the scam, knowingly, and profiting from it.

[ Parent | on HN ]