Online Casino Falls Victim to EBay Sniper Trap
Published August 25th, 2005
A leader in online gaming is among the latest victims of fraud on eBay. The online casino fell prey this week to a ’sniper trap,’ involving a bidder’s retraction and two phony bids.
The casino was the winning bidder in a highly-publicized eBay auction of a candy wrapper which ended on August 12, 2005.
While monitoring online auction sites for the sale of illegal artifacts, Iraq Museum International, recognized in the candy wrapper auction a pattern it had been studying. Its line-by-line analysis of the auction’s bidding history, still posted on eBay, shows that the casino was cheated by the actions of at least one other bidder.
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