So I was looking for Google Chromecast on eBay on Saturday and came across a seller in China with the Chromecast 2 for £2.99 including delivery. They were also selling CCTV DVDR camera systems (4 cameras) for £9.99 amongst other equally cheap prices for Android boxes.
Obviously, too good to be true, so I wouldn't purchase any items off them, and sure enough the next day they were no longer a registered seller. But you could see they had sold hundreds of them in the space of less than 24 hours.
There are currently a couple of sellers again with too good to be true prices on Google Chromecast, and have sold large amounts.
Now, I know eBay should refund all those buyers that have been duped, and the seller accounts are probably hijacked accounts. And I assume the sellers quickly withdraw the PayPal money (probably using an hijacked PayPal account).
So is it eBay/PayPal that looses all that money?
And I was amazed that so many people purchased items, and many of them experienced buyers, judging by their feedback scores.