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Shill bidding may also be considered a form of wire fraud, which is a federal offense under 18 U.S. Code Section 1343. Maximum penalties for the crime of wire fraud can include two decades imprisonment.
If the bidder has bid on many auctions from the same seller, the bidder may be a shill. Compare this to the bidder's percentage of bids with this specific seller. If the percentage is also high, the bidder may be a shill.
The Internal Revenue Code requires that seized property be sold by Public Auction or Sealed Bid Auction. Either way, the auction is open to the public and bidding is conducted by an auctioneer (usually a Property Appraisal and Liquidation Specialist with the IRS) or through GSA Auctions.
Government auction websites include: GSA Auctions - a variety of government-owned excess property. U.S. Treasury auctions - various types of property forfeited by owners for tax evasion or other violations of Treasury law.
An online auction is an an auction conducted over the internet. Once registered, online bidders can place bids on items included in the auction's catalogue which are called lots. There are many different types of online auctions such as a reverse auction, English auction, first-price auction, Dutch auction and more.
Shill bidding or proxy bidding are prohibited.
Shill bidding or shilling is the act of a seller (or an accomplice) using another ID to bid on her own item to drive up the price. Ita??s not permitted on eBay and is even considered a crime in many states. As a buyer, the best way to avoid being shilled is to bid late in an auction.
If you think that another member is shill bidding, you don't need to report it to us. eBay has a number of systems in place to detect and monitor bidding patterns and practices. If we identify any malicious behavior, we'll take steps to prevent it.