eBay slammed over level of fraud

The BBC is reporting that companies and law enforcement agencies are becoming increasing frustrated and concerned at the high amount of fraud at eBay. There are reports that it can take two months for eBay to pass details to fraud investigators, and that even for companies with a ‘special relationship’ with eBay it can take 5 days for fraudulent auctions to be shut down.

No doubt things need to be taken care of, because people fall for clever schemes on eBay everyday. Check out the posting at Slashdot.