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A Closer Look (Dishonest Bidding) #193143

ABC Evening News for Wednesday, Jun 07, 2000
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(Studio: Peter Jennings) FBI investigation of eBay users to see if they bid illegally on their own auctions noted; fraud statistics cited.

(Los Angeles: Judy Muller) Fraud in eBay auctions examined; details given of how "shill bidding" works and of the company's security operations. [e- Bay fraud unit Angela MALACARI - says there is a new breaking of the law.] [e-Bay chief of security Rob CHESTNUT - cites the extent of on-line sales.] [Computer fraud attorney Peter TOREN - comments on the bidding fraud.] [FTC Eileen HARRINGTON - says new media are magnets for fraud.]

(Studio: Peter Jennings) Sale of 6 billion dollars worth of goods on Internet auctions noted.

Jennings, Peter;
Muller, Judy

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