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AbeBooks is a platform for scammers and…

AbeBooks is a platform for scammers and money launderers. There are thousands of sellers that have a 5***** ratings who will sell you a $10 paperback for $ 250'000, or more. I do consider myself an honest bookseller - and have not encountered any that are not. Still, what goes on on AbeBooks is a total scandal. The New York Times reported about it, countless forums describe how many despicable sellers try to cheat you. Their tricks are rather simple: get the book listed at "highest first" and put an outrageous price on it. Maybe some poor soul will fall for it, but mostly drug-pushing buddies can claim his/her money in a single strike: buy the paperback for $100'000, let the bookseller pay taxes on it and the money is clean. I have asked AbeBooks many times to stop this, but to no avail. Please contact your local authorities about this, so that AbeBooks will have to act.

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Date of experience: Oct 18, 2022