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Week's Most Overpriced lens?
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PostPosted: Tue Jul 01, 2008 12:14 am    Post subject: Week's Most Overpriced lens? Reply with quote
This is just too rich to believe?

Click here to see on Ebay


PostPosted: Tue Jul 01, 2008 12:27 am    Post subject: Reply with quote
Nice try! Laughing


PostPosted: Tue Jul 01, 2008 4:39 am    Post subject: Reply with quote
Besides, lens's got a bad reputation.


PostPosted: Tue Jul 01, 2008 7:28 am    Post subject: Reply with quote
did you check out his store?
this certaily is not the only 'very valuable' item he offers...


PostPosted: Tue Jul 01, 2008 9:55 am    Post subject: Reply with quote
500 USD for an exakta varex body ?

I really curious who buy from him..


PostPosted: Tue Jul 01, 2008 10:26 am    Post subject: Reply with quote
a 50mm Pancolar for 400 USD, a Pentax SV for 500 USD ( I bought one 2 weeks ago incl a Super tak 105mm!! for 25 USD )
there are about 300 items prices like this

he must be looking for a shortcut to become rich,
but I'd believe he will fail,
and even if he does get rich,
he fails miserably...


PostPosted: Tue Jul 01, 2008 10:41 am    Post subject: Reply with quote
He had lot of work to publish these items for nothing I believe this.


PostPosted: Tue Jul 01, 2008 10:55 am    Post subject: Reply with quote
Hmmm what if it's money laundering of some sort?


PostPosted: Tue Jul 01, 2008 10:59 am    Post subject: Reply with quote
naplam wrote:
Hmmm what if it's money laundering of some sort?


That's occurred to me several times on seeing this kind of stupidly priced auction - dead easy to do, but once the Feds are attracted to it, it's a bit obvious.


PostPosted: Tue Jul 01, 2008 6:11 pm    Post subject: Reply with quote
Are the feds smart enough to know camera equipment?
can they shoot?
I think this laundry is safe.


PostPosted: Wed Jul 02, 2008 2:57 am    Post subject: Reply with quote
you made me curious..
howe does this laundry work?

Would it be that he declares sales with this auction to make money legal obtained otherwise?
But how would he do that?
Would he not have to proove the sales? ( which he won't be able since very likely nobody buys, and if anybody bought it would not help either...)


PostPosted: Wed Jul 02, 2008 1:48 pm    Post subject: Reply with quote
kuuan wrote:
you made me curious..
howe does this laundry work?

Would it be that he declares sales with this auction to make money legal obtained otherwise?
But how would he do that?
Would he not have to proove the sales? ( which he won't be able since very likely nobody buys, and if anybody bought it would not help either...)


(Note: I'm not suggesting the auction first mentioned here is dodgy.)

That's what I meant about it being a bit obvious. It's a method of laundering which has been used in other sales and auctions, but doing it on ebay there is a public display to the world of dead fishy sales.
It's easy to set up a BIN or a sale for a single bidder - perfectly legitimately, but open to abuse for this kind of thing.

The transaction could be used to clean money that's dirty or could be used to cover the purchase of dirty items - drugs, guns, etc in the first place. Most of these transactions would be lost in the general ebay noise, but there are a few that would stand out - such as asking a BIN price of thousands of dollars for something that would normally fetch nowhere near that - but then, some people are stupid.
None of these transactions would stand scrutiny beneath the superficial level - publically they just look like sales, but various police agencies have the power to look closely at the buyer and where he got his money too, if they suspect there's laundering going on.
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