Defendants allegedly submitted sham bids on each others’ electronic auctions on E-Bay, causing consumers to pay more for items on which “shill” bids were made. Defendants pleaded guilty.
E-Bay auction store owner and his son agreed to settle charges that they had submitted more than 100 shill bids in electronic auctions they ran on E-Bay
State alleged defendants submitted sham bids in online auctions run through E-Bay. Parties agreed to settlement under which defendants would pay $28,000 in penalties and restitution.