• United States



by Dave Gradijan

eBay Stamp-Altering Scam Has Nine-Year Run

Feb 26, 20071 min
CSO and CISOData and Information Security reports that an individual has successfully sold altered stamps on online auction site eBay for nine years.

According to the article, various buyers have documented the sale of stamps purchased in poor condition and then cleaned and/or altered in a variety of ways to appear more valuable to collectors.

The individual, believed by eBay and law enforcement officials to be a stamp collector in upstate New York, has not been charged with a crime. Occasionally the site suspends accounts belonging to the forger, who may then wait several months before eventually resuming activity with new accounts.

For more CSO coverage of eBay’s battle with fencing operations and other criminal activity, see Auction Blocks.