Paraskevaides,
a 50-year-old Greek Cypriot, is regarded by eBay as one of its great success
stories. He claims he was even invited to sit on the eBay table at an awards
ceremony in London. His background is unusual for a dealer in antiquities.
In 2002 he resigned from his job as a gynaecologist at Hinchingbrooke hospital,
Huntingdon, Cambridgeshire, after being suspended for two years following
complaints about his work.
He set up BidAncient, initially claiming his artefacts were from his familys
private museum. He sells up to 30 antiquities a day and has attracted the
attention of dealers and collectors who use the internet and who challenge
some of his pieces authenticity.
Questions have
been raised recently about his multiple sales of ancient Greek hoplite
helmets. Paraskevaides acquired 35 of the helmets three years ago from
a German collection and is satisfied that they are genuine.
Several of his
critics suspect Paraskevaides of shill bidding on his items for sale.
One, a Canadian dealer, claimed he knew of three associates bidding on
behalf of Paraskevaides.
Last week an undercover
reporter approached BidAncient posing as a seller wanting to sell his
late grandfathers collection. Paraskevaides invited the reporter
to his farmhouse in Godmanchester, near Huntingdon.
The reporter asked
Paraskevaides for help in selling his relatives artefacts on eBay.
Paraskevaides advised that he always sold goods starting at $1 without
a reserve price.
He said: It
works better putting everything with no reserve . . . if somebody thinks
they are going to get something for nothing, theyre going to have
a go.
The reporter asked
how a seller could protect themselves from losing money on an item with
no reserve price. Paraskevaides suggested shill bidding.
Reporter: Presumably
you do it, do you? Paraskevaides: Well if I put something really
expensive (up for sale) and I was concerned that it was going for nothing,
I would phone a friend of mine, even a client of mine who buys from me,
and say: For Christs sake, I sell you a 100 quids worth
of items a week . . . just put two grand on it, will you? He added
that if his friend won the item, the sale would never actually go through.
But the device would have avoided the item being sold to a genuine buyer
for less than he wanted.
There was another
benefit: He doesnt pay. Just gives me feedback. Simple as
that, he said. Sellers on eBay have a history displayed on the site
that shows whether they have had an endorsement from each buyer.
Alternatively,
the friends bid could bump up the price by prompting a higher offer
from the genuine buyer. Paraskevaides gave another example:
Paraskevaides:
Id say: Well whats the least Im prepared
to sell this for? £1,000? I phone my friend and I say: Just
put £1,000 on it.
Reporter: But
then somebody might bid £1,200.
Paraskevaides:
£1,100. Somebody who bids £1,100 is good.
Although Paraskevaides
claimed he had no need to shill bid because his own sale items attracted
sufficient attention, he had no hesitation in offering to help the reporter
do so.
Ive
got people, he said. I mean Ive got some of my big clients
who buy big items off me, I look after them. So I can get on the phone
to America and say: Mr X . . . youre a multi- millionaire. You buy
100 grands worth off me a year. Do me a favour, would you.
He had no qualms about such practices. Whos the guy whos
losing out? Theoretically, the punters buying it. But again youve
got to think: is he losing out? Hes not either, because you might
dream that youre going to get something for nothing in this world.
Are you really going to get something for nothing in this world?
Paraskevaides was confident eBay would turn a blind eye if he were reported
for shill bidding as he claimed he was the UKs only Titanium
powerseller and generated £180,000 a year in commission for
the company.
If you report BidAncient, my company, to eBay for shill bidding,
eBay will say: What are we going to do? Well, this guys reported
him. Weve got to be seen to do something. So the chances are
you get an e-mail a week later saying: Dear sir, Thank you for your
query. Weve investigated your allegations. We are pleased to inform
you they are not true. . .
There have already
been a number of complaints to eBay about some artefacts being sold by
BidAncient.
The day before
the meeting, BidAncient sold a lion mosaic masterpiece on
eBay for $1,900 (£970) claiming that the work dated back to AD 300.
The sales literature noted the condition of the piece was excellent
as it had been restored and reconstituted from ancient tessarae
fragments and ancient tessarae.
During the meeting
Paraskevaides referred to four Roman mosaics he had recently bought which
he had described in a similar manner. He then admitted he wasnt
sure whether the mosaics had been produced 2,000 years ago or whether
some bastard has just filled them in with a sack of ancient stones and
made a pattern out of them.
Last week The Sunday
Times spoke to four collectors who had complained to eBay about Bid-Ancients
artefacts. All claim they only received pro forma e-mail replies noting
their complaints.Over
the past month The Sunday Times has contacted a number of regular eBay
users who claim to have reported what they believed were shill bids.Many
say their complaints went unheeded or, at best, led to the offender being
suspended briefly. Others say they were never told the result of eBays
investigation.
Our research found
a number of cases where there was clear breach of eBays shilling
policy and all the sellers are still trading on the auction site.
They included Andy
a second-hand car salesman who runs the Parkway Motor company in Thatcham,
Berkshire. He made the mistake of using the same telephone number in two
eBay identities which bought a van from each other. In the feedback he
described his other ID (ie, himself) as a good eBayer.When
approached last week, Andy said one of his eBay IDs had been
suspended for six weeks last October. However, sales records show that
his other ID kept trading over that period.
There was also
evidence of bidding between a Bulgarian property company and associated
British businessmen. One item a sauna bath was clearly a
transaction between two companies registered at the same address. In other
cases, a linked businessman was buying cheap land and properties.
Simon Balch, a
major eBay trader in general items, was suspended for a week by the auction
site after he bid on a large model car that he claims he was selling for
a friend of a friend.Balch,
who is an eBay silver powerseller, said the incident was a
misunderstanding but later confessed that he had previously bid on his
own items. Im not going to stand here and lie to you and say
that Ive never shill bidded in my life, because I have. And Im
sure that even though many people would say they havent, a lot of
them have. If you put something on at 50 quid or something and youve
paid 50 quid for it, you might feel a bit tempted to get it going a bit.
You know what Im saying. Obviously, I wouldnt do it again.
A poster company
in America was suspended for a week after being caught bidding on an item
from the same office selling it. Emovieposter.com claimed it was an employee
wanting the item for himself.
The Sunday Times last week sold an item on eBay and bid on it from the
same computer. The shill was never picked up. Until recently, regular
users say they were forced to police the site themselves and tell eBay
of suspicious transactions. But last November eBay decided to conceal
the identities of anyone bidding more than £100 except the winner.
The move was designed to stop other businesses e-mailing the bidders with
similar items which could have deprived eBay of subsequent trades.
It has been viewed suspiciously by eBays community of sellers. Richard
Hartley, from Norfolk, wrote: (It) solves two problems for eBay:
no reports of expected shilling to investigate and no need to tackle the
thorny issue of powersellers.
This weekend eBay
insisted that its changes to bidder IDs had made it a safer environment
for users who had previously been bombarded with fake offers after
bidding for items. The
company refused to comment on a number of issues raised by our investigation.
It issued a statement saying: Shill bidding is strictly prohibited
on eBay. If we become aware of suspicious activity on either an item or
an account, then it is thoroughly investigated.
On Friday Paraskevaides
insisted he only sold artefacts he believed to be genuine and denied telling
the reporter he had been engaged in shill bidding or that he was immune
from action by eBay. But he said he had clients who if it ever happened
that something was going really, really cheap, they would put a bid themselves
to protect it. He added: If you are asking me whether I would
personally shill bid now, the answer is no.
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