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New E-bay bikes - too good to be true?(12 posts)

New E-bay bikes - too good to be true?cossington
Feb 2, 2004 6:09 AM
This morning on e-bay (uk), about a dozen new bikes (Litespeed Ghisallo, Ultimate, Cannondale R5000 etc) were listed at fantastic buy-now prices (eg C'dale R5000, Record, Ksyrium SLs etc, 'Buy Now' at £950 - you can barely get the groupset for that price. Ha sanyone dealt with these people ior heard of them - their e-mail link has referred me to their web-site - .

Payment is accepted in the form of money orders, personal cheques and wire transfers. No mention of Paypal or credit cards!!

I am sceptical, but would be very interested to hear of anyone else's axperience with them.

Thanks in advance.
re: New E-bay bikes - too good to be true?Roger H
Feb 2, 2004 6:16 AM
Whenever I see the words "wire transfer" , I look elsewhere.
Page says based in Francetreebound
Feb 2, 2004 7:27 AM
=== begin quote ===
8 av Beverini Vico
Tel/Fax: 0033679320454
=== end quote ===

Could be legitimate, or could be "HELL-IT-IS" or "HELL-ITIS".

Let the buyer beware.
re: New E-bay bikes - too good to be true?Rubberbandman
Feb 2, 2004 8:07 AM
Dude, I think you know the answer to this. Anytime they ask for payment by money order, wt or check a they are going to steal your money.

Stay away!
red flags all over....philippec
Feb 2, 2004 8:11 AM
I would steer clear of this one...

a. French-based company w/ a web site -- but they only have an english language site... I know of *no* french company that would put up a anglo site befre having a french language one -- and yes, I am french.

b. Checked their address -- there is no business registered at that address under the name Hermes anything. The only businesses are achiropracter and a doctor. Checked the white pages... hmmm there is a fellow registered at that address that goes by the name of.... Michele Bartoli! Pseudonym anyone?

c. They provide a cell phone number only (the 33.6 prefix is for cell phones).


d. Without wanting to cast an unfair portrait of all corsicans, I will just note in passing that banditry is what made Corsica great... to this day, we have our own home-bred version of the Mafia on the island.

So, there you have it -- let us know when (if) you get your bike...


Absolute scam.Spoiler
Feb 2, 2004 8:33 AM
No link in the "Cart" function on their website.
They claim to get any bike in the world withing five days. Customer testimonials are misspelled.
"Time is our enemy! We need to sell very fast!"
They only show complete bikes, no components.
No refundable payment methods.
Prices that wouldn't allow them to receive any profit, yet they can afford to sell the most expensive bikes in the world.
Overseas location that only targets American, Australian, and British customers.
Sorry to say, all the signs are there. Nobody over the age of 20 should fall for this.
zipp wheels, carbon cranks no extra charge!!! nmnonutin
Feb 2, 2004 9:07 AM
what's their ebay feedback like? n/mBonked
Feb 2, 2004 10:56 AM
With all the hijacked accounts, it doesn't matterCoolhand
Feb 2, 2004 11:40 AM
Phishers get or steal Ebay sign-in's, then ruin someone's rating and sneak off with your money.

Ebay is fraud heaven as of late- not that Ebay seems at all concerned about it.

Buyer beware,

With all the hijacked accounts, it doesn't mattertreebound
Feb 2, 2004 11:51 AM
With the immediate nature of the auctions Ebay is very (VERY!) concerned about it. Think about it, if E-Bay becomes known as SPAM/Fraud-central then they are dead in the water, virtual or not. Might take a few months, but if it gets too bad and the general public begins to take a mindset that nothing can be trusted due to id/login theft then the whole concept is finished.

Start a game with your friends, or just with yourself. Everytime you trip over one of these potentially fraudulent auctions, check it out, and if it checks out with all the warning signs to be another case of fraud, then foreward the info (auction number, seller id, buyer id) to the proper E-Bay notification address. Then watch it daily or hourly to see how long it takes for the auction or seller or bidder to disappear. Many of these will get deleted within a few hours. Almost all will disappear within 24 hours if they check out to be a clear case of potential fraud. E-Bay is staffed 24 hours from what I've been told by people who's sole direction is to seek and destroy these fraudulent auctions and sellers and bidders.

Just watch, I'd say that within 24 hours from now that seller will be non-existant on ebay. I could be wrong, but I doubt it in this case.

re: New E-bay bikes - too good to be true?cossington
Feb 2, 2004 11:03 AM
What a comprehensive and well-rounded bunch of responses!
Thanks for all your replies - I certainly shan't be losing any sleep over missing the bargain of the year!!

'Caveat emptor', indeed.
just remember...Bonked
Feb 3, 2004 9:28 AM
a $5000 bike for $1000 isn't a deal if you don't get a $5000 bike!