Looks legit...
http://www.auctionbytes.com/cab/abn/y02/m05/i09/s02
but you're not the first to ask such questions...
http://badbusinessbureau.com/reports/ripoff114338.htm
Scammers describe Square Trade as being something it's not. It doesn't collect money from anyone, it doesn't monitor transactions in progress, it doesn't warehouse goods. Re escrow, the only legit escrow service I know of is escrow.com, which does hold money pending approval of a transaction. There are lots of bogus escrow services that are part of scams.
I was on Ebay Sunday night ( 10/10) and there was a 2004 BMW 330Ci Convertible Sport at auction for $75.00 US. I emailed him that he should know that he'd made a mistake when posting his price. The next morning I looked for it and it was gone but he had replied to me with the following email:
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Hi,
First you have to know bidding is restricted since I am carefull with my auction,so noone will press the button until I have the assurance that he will buy it.
The car is in perfect conditions without any scratches or other mechanical problems.
I will pay the shipping cost and you will pay the money transfer comision.The car is in Europe, Greece and it will be shipped from here on my expence so,please REPLY WITH YOUR NAME AND SHIPPING ADDRESS IN YOUR NEXT EMAIL. The car it has a Clear Title wich you will receive it with the car.It can be registerd into your name.You will get all the papers and recipts that you need for the registration.I bought this car from US but when i tried to register the car in my country they said that i can't register a car that has US emissions.I want to sell it in US because the car is titled there and it can be easy register in any state from United States.Shipping will be done via Samskip and it will take no more then 6 days.I have a friend at fedex who will manage me a low price shipping and I assumed that it is from me to pay for shipping it.When I will shipp it,I will declare it as a gift so that you will pay no cusoms when you will receive it and for this it will be delivered directly to your address.Also, I have to let you know that I want a proof that you have all the money availble for this deal as I will ship it in the same day or next day morning ,after you proove to me that you are the real buyer.
The most important thing in all my activity here is that I am affiliated at eBay Square Trade , I have a a purchase protection account for 10000$ and I assume you know what this means.So,the finacial part of this deal will be manage by them.
Buy it now price for the car is $7500 with shipping taxes included. Please follow this link for more details and photos :
http://www.geocities.com/jessevallin2000/Bmw/330.html
Let me know if this is ok with you,so that we can move forward with this deal !
Thank you !!!
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So......I checked out the email he listed at geocites.com ( see above ) where he's advertised it for $7000. I emailed again and asked why it was no longer on Ebay and he emailed back:
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I have decided to stop the auction because my e-mail address is full of buyers questions.
Thank you !!!
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I looked him up on Ebay using the jessevallin that he used on his geocities website. There is such a person , but surely not the same one. I think he may be fraudulanty using someone elses account because the account holder has a long history of selling old Record Albums ! I've emailed that seller and Ebasy security about the BMW auction.
I've received anothr email asking for my full anme and shipping address-and of course I will not give it to him.
Any ideas how we can catch this guy in the act?
If it sounds too good to be true....well you know the rest.
Iowaloha
for only $9000 ( a 61000 S.U.V.) He sent me the following Emails;
Hello,
The car is still available for sale and ready to be shipped.
The price is $ 9000 USD including shipping to your home address.
Shipping will be done via Lufthansa Air Cargo from London,United Kingdom and it will take no more then 4 days for the car to arrive at the delivery location.I am in the Military and Lufthansa will manage me a low price for shipping and if you will pay the money transfer taxes,I will pay for the shipping fees.I will arrange for you not to pay any dutyes when the car will pass through customs.In this way the car can be delivered to your home address.
Also,you have nothing to worry about this deal because will be done it in a secure way.The most important thing in all my activities, is that I am affiliated at eBay Square Trade and I have a Purchase Protection Account for USD $20,000 and I assume you know what this means.If you did not hear about Square Trade here are their terms:
1) If you will not receive the car not as advertised,Square Trade will refund you the whole amount which you paid me(100 %).In case that you will not receive the car,they will refund you the money back from my account.
2) You can send the money to my name and address but you will not provide me the details of the payment.You will provide the details to Square Trade.They will verify the payment and if is ok,and the money are availble under my name they will notify me to procede with the shipping.After you receive and see that the car is the one you want,you just notify Square Trade to forward me the payment details in order for me to pick up my money.
Let me know if this is ok with you,so that we can go forward with this deal!About the payment Square Trade will manage in my place the financial details.
Regards!
p.s. I need your full name and shipping address in order to contact Square Trade to start the deal.
AND
Hello and thank you for your e-mail,
I want to tell you that the transaction will be done by Square Trade.
If we will use Square Trade you will have the Buyer Protection Program that means that nobody besides Square Trade will have acces to your funds until you will get your car.
The car's location is London/UK.
Here are the pics: