Ebay Fraud Alert: Ebay Pulse Scam Exposed With Video and Transcript

WEBWIRE – Friday, April 25, 2008

Contact Information: Kelly Sotol; PR Management; PR Distribution; NA; kellysoto@kellysotol.com

( 4/25/2008 )

Another huge kink in eBay’s armor has been revealed today. Several eBay members have managed to manipulate eBay by rigging the eBay Pulse page and making thousands of dollars per month for their effort.

Full story including video and account of events of this scam.
( http://www.gurucreation.com/2008/04/ebay-pulse-scam.html )

An eBay member has apparently created a piece of software that creates hundreds of thousands of fake eBay accounts. He is then able to use these accounts to create watchers for his and several other eBay members auctions.

This allows eBay users ’mysterygiant’, ’jjfjq’ and ’kekoa64’ to dominate the eBay Pulse page at will. The eBay Pulse page is the single highest traffic webpage on eBay. Manipulating the eBay Pulse page has allowed these three eBay users to earn a combined estimated income of over 160,000.00 dollars in the past year alone.

The software being used to manipulate eBay’s system is able to bypass captcha and IP tracking security features on eBay. The eBay Pulse monopoly by these three users has been an extremely hot topic among the eBay community for months. With no answer from eBay on this situation it appears an eBay member took it upon himself to expose this scam.

A video along with a detailed account of events that have taken place can be found at ( http://www.gurucreation.com/2008/04/ebay-pulse-scam.html ).

Internet scams are not uncommon but for one of this magnitude to go unchallenged by eBay is uncommon. This exposes serious security flaws in eBay’s current system and leaves the door wide open for more eBay scams.

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