Shameless begging or fraud?
Take a look at
this Ebay listing.Do you really believe it? Or do you think that it's just a money making scheme?
A couple of thoughts:
1) At best, it's disingenuous. Are we really supposed to believe that this guy's 11 year old kid is the emotional equivalent of a 4 year old? Shame on him for using his kids as props.
2) Maybe the better lesson is that Santa might not be able to give you an IPod Touch whenever you feel like it. Maybe when your 11 and 9 year old kids say "Santa brings presents for free as long as you have been good," it's time to have a serious talk with them. This guy has a real opportunity to build character in his children. Sadly, he's blowing it entirely. The kids should get a present, but they don't have to have a lesson in materialism.
3) This guy lost his job in the beginning of December and his home is already in foreclosure? And we're supposed to
trust him with our money? He couldn't even make it three weeks!
Comments
Secondly, IANAL, but I'm pretty sure it's illegal, and probably against eBay rules to do this. There are laws governing contests and such that are different in every state, and I think there's little chance of this being allowed in all of them.
If this really is a guy with no job, and not just a scam, maybe he'd have more money if he thought of better ways to make some besides eBay raffles. Even if you just lost a relatively high paying job, you can go get a seasonal retail job. That tiny bit of money is better than no money at all.
Whether or not the guy is in a tough situation, there are some major red flags here. He says he lost his job just a couple of weeks ago, yet his house is in foreclosure. Just getting to that point takes months.
Secondly, he's either got the stupidest kids in the world or he's lying.
There is also no way to verify that the winner actually exists. You'll see a "name" being drawn, but that's it. What does that prove?
So even if he is truly hard up, I'm not willing to ignore the danger signs. A lot of good people are having very rough times right now. But that doesn't mean you should throw your bullshit detector out the window.
One sidenote: I don't understand why (at least on the state level) government is cutting back on programs that help the poor and vulnerable in these hard times. These programs should be scaled back during the good times, not during bad times. The savings during the good times could be tucked away so services can be ramped up during the bad times without hurting taxpayers. But I guess that would take leaders with good business sense. Politics gets in the way.
EDIT: I just reread the listing. I didn't catch this the first time around, but he doesn't actually have the laptop. He's going to sell tickets, buy the laptop, and send it to the winner. That sounds really really fishy to me.
Surely there are some people out there who want a good laptop, but are never disciplined to set aside enough money for one.
So let's say that you run a monthly lottery, and keep your fees very reasonable - 10% or so. Each month, you sell a ticket for $10. Let's say the laptop is $1,000. Each month there is a cap of 110 entrants.
So for "throw away" money, you have a chance of winning a very nice laptop. You even have a chance of scoring the laptop for much cheaper than retail. Of course you also have the chance of not winning the laptop until well after you've spent more than $1,000 on tickets. But the chance to win it in a manner that requires little money at any given time must be worth something to these people. You'll eventually win, and you never have to come up with a lot of cash.
Over the long term, as a participant, you'd wouldn't come out ahead. You'd spend 10% more than you should. However, it's the chance that you could come out ahead that would entice people. And if you know that you'll never be disciplined enough to set the money aside, there is some inherent value in this system.
The only downside is that it should take you, on average, 110 months to win. That time frame is just too long for people to believe that they will eventually get paid off. (At a profit or a loss.) If you raise the fee, then people feel like they are spending real money.
Maybe you just sell as many $10 tickets as you want, and draw a winner every time you reach 110 tickets sold. This has the potential of speeding up the cycle greatly, which also increases the profits of the seller.
Of course, statistically, people would be much better off saving the money and making the purchase when they have enough saved, but this preys upon people's inability to do that.
One is that such a system further economically divides the smart and the stupid. There are already enough ways for stupid people to give their money to smart people, tobacco, alcohol, legal gambling, so we don't really need more.
Two is that eBay has proved that people don't want to deal with bullshit. There were two main ideas behind eBay originally. One was that you could get other people's old stuff that you couldn't find in stores. We're talking mostly about collectible type goods, old toys and such. Since prices on these objects were unknown, auctions are a good fit. The other idea behind eBay was that customers could save money with auctions. In an auction, nobody is stupid enough to bid a price that is equal to or greater than retail price. Therefore, if you win an auction, you're getting a bargain.
What happened was that while eBay does provide these two things, they have become secondary. eBay evolved into a way for people to setup their own eCommerce shop without technological hassle. Yes, even nowadays it's a pain in the ass to setup your own online shop. Even with things like Google Checkout, it's still not easy. Also, people on ebay have largely gravitated towards "buy it now" prices, and moved away from auctions.
People just want to buy things, straight up.