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Talon
Boy's eBay con nets £45,000
Police have issued a warning to users of internet auction sites after a teenage fraudster conned eBay customers to fund a luxury lifestyle.
The 17-year-old from Pontypool, south Wales, built up £45,000 in various bank accounts by offering goods for sale that did not exist.

He treated himself to weekends in New York, and hired stretch limousines for nights out with friends.

He also bought designer clothes, expensive gadgets, and a quad bike.

Cwmbran youth court heard that, when police raided his home, they found top-of-the-range computers, hi-fi equipment, and flat-screen TVs.

Gwent Police have now issued a warning to users of internet auction sites to make sure they use make use of security measures to avoid losing their money.

They want buyers to use secure ways of paying and to follow safety advice given by the sites.

Detective Constable Steve Thomas, who led the investigation, said it was sometimes difficult to monitor security on such sites, and some people had not received property for which they had paid.

"Customers must guard against making any payment using an unsafe method like a straight bank transfer," he said. "That's literally just giving money over".

He said it was better to use other methods such as a credit card payment or the site's PayPal scheme.



After he was arrested, the teenager told police he had been "living the good life" with the money he had taken off unwitting customers.
He said he could not stop defrauding his victims because he was addicted to the eBay website, and it "gave him a buzz."

Magistrates heard that the boy - who cannot be named because of his age - used the proceeds of his scam to fly to New York with two friends.

They stayed at a five-star hotel overlooking Times Square and took a helicopter ride over Manhattan.

He was always dressed in expensive designer clothes and loved to buy the latest electronic gadgets.

He could not drive, so he hired stretch limos to take his friends on nights out.

But police were alerted by eBay customers who had been conned by the teenager.

He was arrested and freed on police bail while an investigation was carried out.

The court heard he had advertised mobile phones, computer consoles, cameras, and camcorders for sale - none of which had ever been in his possession.

Prosecutor Peter Moore said: "He set up three bank accounts to handle cash, which he obtained via bank transfer. But he was not content with taking people's money - he later taunted them by e-mailing them with details of how he'd spent it."

The court heard the boy duped more than 100 eBay customers over 13 months. One victim lost £2,500.

The boy admitted 21 charges of fraud amounting to £16,105 and asked for a further 64 offences - amounting to £28,860 - to be taken into consideration.

Magistrates decided they did not have enough power to deal with the boy and he will be sentenced at Newport Crown Court next month.


Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/1/hi/wales/3734462.stm
Lottie
Comitting Fraud is a serious offense here. I am sure he will get at least a week in a four star luxury hotel with all the mod cons... wacko.gif
BurnSide
Yeah. Justice served, with a slice of pie.


Still, i'm seriously thinking of getting into this ebay stuff. It's obvious to me that ebay users are the most gullible people with money they're just DYING to give away, and i have a few haunted dolls lying around i've been meaning to get rid off.

laugh.gif
Talon
QUOTE
Comitting Fraud is a serious offense here. I am sure he will get at least a week in a four star luxury hotel with all the mod cons...


Most likely sad.gif I'd just shoot him
Diebytheflyguy
Didn't his parents notice all the expensive stuff he was buying and ask where he got it from?...
Dancing_Dumplings
45,000 pounds....thats oh about $90,000 USD...yikes!! little scammer! he needs something more productive to do with his time!! but why oh why spend it in NY??? yes he commited a serious offence, but you have to admit...he was a crafty little poo disgust.gif
Mishari
QUOTE
Didn't his parents notice all the expensive stuff he was buying and ask where he got it from?...


yeah i agree, maybe the parents were in on it too.
Dancing_Dumplings
maybe he stashed it somewhere, like at a friends house, cause he took the trip with 2 of his friends too disgust.gif
Diebytheflyguy
QUOTE(Dancing_Dumplings @ Oct 14 2004, 08:03 PM)
maybe he stashed it somewhere, like at a friends house, cause he took the trip with 2 of his friends too disgust.gif
[right][snapback]307629[/snapback][/right]


But they raided the kids house and found the stuff. They should arrest his parents for aiding and abetting! But they are pretty cool for letting him keep the stuff though.
chico del nacho
i envy this savvy kid...sad.gif
BurnSide
He probably bribed his 'rents into keeping quiet, lol.

'Be quiet Mum! Here's a diamond necklace!'
Disinterested
This is the part that worries me right here:

QUOTE
After he was arrested, the teenager told police he had been "living the good life" with the money he had taken off unwitting customers.
He said he could not stop defrauding his victims because he was addicted to the eBay website, and it "gave him a buzz."


This is gonna happen again... and it's gonna get worse, and worse, and worse......
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