Overclock.net › Forums › Graphics Cards › AMD/ATI › seller.scott FRAUD???
New Posts  All Forums:Forum Nav:

seller.scott FRAUD??? - Page 11

post #101 of 146
Quote:
Originally Posted by BradleyW View Post
From reading the links, the seller could be stealing orders that people have ordered from newegg and he is selling big piles of them at cheap rates to get cash and get rid of the items quickly.
No, Bradley...

The items come shipped directly from Newegg, 2nd day air, addressed to the correct recipient, but with a "bill to"" name and address that is not the recipient. So, to simplify, for example...

I buy a widget on eBay. It arrives a week later, but it comes shipped from Newegg and the packing slip says it was billed to some guy named Bob in Omaha. Not only that, but when I contact Newegg to ask about warranty, they state the item sales order was $175, but......

I only paid the eBay seller $130. Free shipping.

You get it now?
post #102 of 146
Quote:
Originally Posted by Capwn View Post
I've been wondering this since day one..




Also, This ^^


I've been rolling this around in my head for a while...

There are clearing houses for gift cards where they pay you X amount of pennies on the dollar for your unused gift cards. Could it be that these sellers are legitimately using other people's gift cards to purchase and ship items from Newegg?

Just throwing that out there...

Not.
post #103 of 146
Quote:
Originally Posted by quakerhead View Post
And there is the most perplexing piece of this puzzle...

How does Newegg get the CC companies to verify the purchase when the shipping never matches the billing address on the packing slips?
My guess:

Newegg got complacent. They started shipping to alternative addresses other than the billing address because they didn't want to inconvenience their legitimate customers. (A lot of people will ship to their office; especially if they live in an APPT to avoid getting their stuff stolen)

Newegg, much like any merchant for that matter, needs to reject all orders that aren't shipped to the billing address. There is no excuse for the customer not calling up their CC and adding the address to their account and the merchant should never take the risk for such transactions. The risk far outweighs any potential profit in most cases. (Chargeback fees can ruin most businesses)
5820k
(15 items)
 
  
CPUMotherboardGraphicsRAM
5820k @ 4.5Ghz Gigabyte GA-X99-SLI EVGA GTX 980 Ti 32GB G.SKILL DDR4 2400 
Hard DriveCoolingOSMonitor
2x Samsung 256GB 850 Pro SSD's Corsair H110i GTX Windows 10 Pro 64Bit Dell U2311H (IPS Panel) 
PowerCaseAudio
Seasonic X-1250 Obsidian 900D HT Omega eClaro PCIe 
  hide details  
Reply
5820k
(15 items)
 
  
CPUMotherboardGraphicsRAM
5820k @ 4.5Ghz Gigabyte GA-X99-SLI EVGA GTX 980 Ti 32GB G.SKILL DDR4 2400 
Hard DriveCoolingOSMonitor
2x Samsung 256GB 850 Pro SSD's Corsair H110i GTX Windows 10 Pro 64Bit Dell U2311H (IPS Panel) 
PowerCaseAudio
Seasonic X-1250 Obsidian 900D HT Omega eClaro PCIe 
  hide details  
Reply
post #104 of 146
Quote:
Originally Posted by quakerhead View Post
I've been rolling this around in my head for a while...

There are clearing houses for gift cards where they pay you X amount of pennies on the dollar for your unused gift cards. Could it be that these sellers are legitimately using other people's gift cards to purchase and ship items from Newegg?

Just throwing that out there...

Not.
Nope, thats way too much of a discount, you normally save x% to 10% with buying a giftcard from a third party. Plus newegg isnt exactly selling giftcards like hotcakes compared to brick and mortar retailers.
post #105 of 146
here's another: seller.gameia tapped out Jan 25th.
post #106 of 146
Oh, one more thing. It's a common misconception that it's up to the bank to validate shipping addresses. It's not; they only validate the billing address. The merchant account holder, which is Newegg in this case, assumes the risk if they choose to ship to an alternative address or not. If they do, and it turns out to be a fraudulent transaction, Newegg will be assessed a chargeback fee similar to an overdraft fee on a personal checking account. These fees aren't cheap and will easily eat up profits or even bankrupt a business if they become too relaxed with who they ship to.

This is why the people who support this guy are screwing over anyone who shops at Newegg. Newegg will have to recover chargeback costs by raising their prices. The next time you see X is more expensive at Newegg than everywhere else you can thank people like seller.scott.
Edited by sgr215 - 3/8/11 at 6:13pm
5820k
(15 items)
 
  
CPUMotherboardGraphicsRAM
5820k @ 4.5Ghz Gigabyte GA-X99-SLI EVGA GTX 980 Ti 32GB G.SKILL DDR4 2400 
Hard DriveCoolingOSMonitor
2x Samsung 256GB 850 Pro SSD's Corsair H110i GTX Windows 10 Pro 64Bit Dell U2311H (IPS Panel) 
PowerCaseAudio
Seasonic X-1250 Obsidian 900D HT Omega eClaro PCIe 
  hide details  
Reply
5820k
(15 items)
 
  
CPUMotherboardGraphicsRAM
5820k @ 4.5Ghz Gigabyte GA-X99-SLI EVGA GTX 980 Ti 32GB G.SKILL DDR4 2400 
Hard DriveCoolingOSMonitor
2x Samsung 256GB 850 Pro SSD's Corsair H110i GTX Windows 10 Pro 64Bit Dell U2311H (IPS Panel) 
PowerCaseAudio
Seasonic X-1250 Obsidian 900D HT Omega eClaro PCIe 
  hide details  
Reply
post #107 of 146
Quote:
Originally Posted by s-x View Post
Nope, thats way too much of a discount, you normally save x% to 10% with buying a giftcard from a third party. Plus newegg isnt exactly selling giftcards like hotcakes compared to brick and mortar retailers.
I don't mean Newegg gift cards. There are sites where you can cash out your gift cards for pennies on the dollar. Any gift cards. The one granny gave you for Christmas for $50 at Bed, Bath and Beyond. Then they can take your information and redeem the card for face value. So, if Newegg, for example, has an internal program where they will take gift cards from any offerer, the transactions could be done that way. It's all just numbers...

cardpool.com is one.
post #108 of 146
Quote:
Originally Posted by sgr215 View Post
Oh, one more thing. It's a common misconception that it's up to the bank to validate shipping addresses. It's not; they only validate the billing address. The merchant account holder, which is Newegg in this case, assumes the risk if they choose to ship to an alternative address or not. If they do, and it turns out to be a fraudulent transaction, Newegg will be charged a chargeback fee similar to an overdraft fee on a personal checking account. These fees aren't cheap and will easily eat up profits or even bankrupt a business if they become too relaxed with who they ship to.

This is why the people who support this guy are screwing over anyone who shops at Newegg. Newegg will have to recover chargeback costs by raising their prices. The next time you see X is more expensive at Newegg than everywhere else you can thank people like seller.scott.


Not so quickly....

Newegg can charge these bad transactions off their P&L as "shrinkage".....

I'm not going to go there... You know... Where the whole thing could be an internal Newegg tax evasion scam. Oops...
post #109 of 146
Quote:
Originally Posted by quakerhead View Post
Not so quickly....

Newegg can charge these bad transactions off their P&L as "shrinkage".....

I'm not going to go there... You know... Where the whole thing could be an internal Newegg tax evasion scam. Oops...
I don't see how that changes anything. If shrinkage is high, profit is low. If profit is low, prices increase. Perhaps I'm just unaware of all the major loopholes corporations have versus small business owners though.
5820k
(15 items)
 
  
CPUMotherboardGraphicsRAM
5820k @ 4.5Ghz Gigabyte GA-X99-SLI EVGA GTX 980 Ti 32GB G.SKILL DDR4 2400 
Hard DriveCoolingOSMonitor
2x Samsung 256GB 850 Pro SSD's Corsair H110i GTX Windows 10 Pro 64Bit Dell U2311H (IPS Panel) 
PowerCaseAudio
Seasonic X-1250 Obsidian 900D HT Omega eClaro PCIe 
  hide details  
Reply
5820k
(15 items)
 
  
CPUMotherboardGraphicsRAM
5820k @ 4.5Ghz Gigabyte GA-X99-SLI EVGA GTX 980 Ti 32GB G.SKILL DDR4 2400 
Hard DriveCoolingOSMonitor
2x Samsung 256GB 850 Pro SSD's Corsair H110i GTX Windows 10 Pro 64Bit Dell U2311H (IPS Panel) 
PowerCaseAudio
Seasonic X-1250 Obsidian 900D HT Omega eClaro PCIe 
  hide details  
Reply
post #110 of 146
A coincidence I'm sure, but a few days after I started reading this thread, I got a call from my credit card company about three attempts to purchase software from America's largest software company's online store. This was on a seldom used card, that was last used by me in November at an online computer store. mmm?

Then a few days later, I noticed a second card had been used for three purchases at an online woman's fashions store, as well as a well publicized (google search) fraud site .com address.

Both cards quickly canceled and replaced by the banks, and I thankfully I didn't incur any cost, except for the inconvenience. Credit card fraud must be a HUGE problem, and I'm sure most of us are paying a price.
Edited by denydog - 3/9/11 at 12:36am
Blue(s) Power
(13 items)
 
  
CPUMotherboardGraphicsRAM
i7-950 Asus P6X58D-E MSI Twin Frozr II R6870 OC x2 CrossFireX HyperX KHX1600C7 3X2 
Hard DriveOSPowerCase
Crucial C300 64GB - WD Black 1 TB SATA III (X2) Win 7 Pro X64 Corsair HX850 Corsair 600T 
  hide details  
Reply
Blue(s) Power
(13 items)
 
  
CPUMotherboardGraphicsRAM
i7-950 Asus P6X58D-E MSI Twin Frozr II R6870 OC x2 CrossFireX HyperX KHX1600C7 3X2 
Hard DriveOSPowerCase
Crucial C300 64GB - WD Black 1 TB SATA III (X2) Win 7 Pro X64 Corsair HX850 Corsair 600T 
  hide details  
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: AMD/ATI
Overclock.net › Forums › Graphics Cards › AMD/ATI › seller.scott FRAUD???