Newegg Sued for Alleged Involvement in Ponzi Scheme Through Fake Orders

[Totally]

And they had the gall to ban me for years now because of suspected fraud due to having 2 accounts(forgot original pass and retrieval was a pita compared to creating a new one).

 

[lexluthermiester]

Maybe, but I think getting a kickback for signing one side of many bogus orders needed for this scheme to work is being exactly a part of the scheme

You might be right, it'll be interesting to see how this plays out.

 

[cadaveca]

Maybe, but I think getting a kickback for signing one side of many bogus orders needed for this scheme to work is being exactly a part of the scheme

I recently tried to order something from Newegg, tried three different credit cards...

All three denied order after order went through, and de-activated card for fraud alert.



Apparently, if this news item turns out how I am kind of expecting, Newegg is a big problem for not just CC fraud. Does make me feel better about my experience, and also bolsters my choice of never ordering from them.

 

[Divide Overflow]

Site has gone straight down the crapper since being taken over by the Chinese last year.

 

[ensabrenoir]

.... always be careful that your ordering from them and not some third party.....Newegg or Amazon. Unless it's fufilled by Amazon.

 

[evernessince]

.... always be careful that your ordering from them and not some third party.....Newegg or Amazon. Unless it's fufilled by Amazon.

FYI fulfilled by Amazon isn't any safer. There have already been multiple scams surrounding it in fact. Amazon takes "the same" product and groups it together in one listing. So those discount "nike" sneakers you are buying could be legit or they could be from a Chinese fake factory, either way Amazon groups them together and sells them.

 

[lexluthermiester]

.... always be careful that your ordering from them and not some third party.....Newegg or Amazon. Unless it's fufilled by Amazon.

As a general rule that advice is wise. However, at least on Amazon, sellers with good reputations can generally be counted on to deliver the goods they offer in the condition stated.

 

[Kenneth Waycaster]

Been using Newegg for years, never had a problem..

This is about banks suing Newegg for a Ponzi scheme, why would you have any problems?

 

[thesmokingman]

Not surprised by Newegg committing this level of fraud.

 

[jboydgolfer]

it'll be exactly what i warned of if Newegg gets a kick in the a$$ & i have to admit i wont shed a tear if they are forced to shut down.....they are Totally cool with sellers Bribing users for good reviews, and several other shady business tactics, and practices that scream "dont do business with us"....these guys re NOT the company they were a few years ago, AVOID at all costs.

 

[Easy Rhino]

Stopped using Newegg when I got Prime.

 

[bonehead123]

Well, IF they are doing this, shame on them!

However, for everything I have ordered this year and last (over $3k worth of stuff), I have used Paypal to pay for it and have never had any issues whatsoever...

Only had to do 2 returns, also nottaproblemo

Rebates, well they are a hit & miss game, but I have been lucky and actually received all 17 that I submitted after about 6-12 weeks. slow as hell yes, but no problems either!