Word: ebay
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Dates: during 2000-2009
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...former MIT student pleaded guilty last week to mail fraud stemming from a scheme involving the sale of computers and other equipment stolen from MIT over the Internet auction site eBay...
...investigation began when an MIT police officer was in the Department of Chemistry’s Building 18 taking a report on a stolen computer and a graduate student noticed that a similar computer was being offered for sale on eBay, said Robert J. Sales, associate director of the MIT News Office...
According to MIT, police obtained a search warrant for Strauss’ room in the Zeta Psi fraternity on Mass. Ave. and seized $30,000-$40,000 worth of computers and computer equipment, which police allege Strauss had been selling on eBay...
...eBay is a popular site, the level of activity is very high, so it would be hard to monitor such cases,” said Pursglove, who said the site’s personal contact discouraged would-be thieves from fencing the property on-line...
...eBay enables the buyer and seller to get in contact with each other [regarding a sale], so it’s very rare that stolen property is sold...