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December 16, 2001 | By Wendy Tanaka INQUIRER STAFF WRITER
Christopher Schleyer cut his college years short at Rowan University in Glassboro, Gloucester County, after his collectibles business took off - on eBay, the online auction site. "I was on full scholarship, but I dropped out because I was doing so well," he said. "Everybody thought you could get rich on eBay. " That was four years ago. Today, Schleyer's eBay sales have slowed considerably, as more and more sellers of collectibles have crammed their wares onto the popular site.
NEWS
July 12, 2005 | By Keith Herbert INQUIRER STAFF WRITER
In the old days, the Jackson electric guitar with orange and yellow flames would have lingered in a police evidence room waiting for a property-forfeiture auction. But today, the five-string's photo and price are posted on eBay, the online auction site, for millions around the world to ponder its purchase. The Internet has changed the way law enforcement fights crime. Now it's also changing the way authorities sell forfeited property. Montgomery County District Attorney Bruce L. Castor Jr. last week started offering seized property on eBay, hoping that the online auction moves it at cyber speed.
NEWS
January 24, 2012 | DAILY NEWS STAFF REPORT
More than 10,000 free tickets for Joe Paterno's memorial service on Thursday were distributed within minutes Wednesday because of the "overwhelming demand," Penn State officials said. Tickets started to show up on eBay by midday, with a pair selling for $400 and another for $500. Yet another set had been bid up to $90,000, although that was not believed to be a serious offer. eBay removed the auctions from the site shortly thereafter. Penn State president Rodney Erickson lashed out at those attempting to sell the tickets.
NEWS
April 10, 2005 | By Marc Schogol INQUIRER STAFF WRITER
People looking for mementos of Pope John Paul II have been thronging area religious-supply stores and online sites. EBay had more than 12,000 Pope John Paul II items listed for auction or sale earlier this week, including "collectible bobble-head" dolls in the $10-$20 range and a piece of toasted bread that "bears a miraculous image of the Pope" with a starting bid of $930. Most of the papal products available online and in stores, however, are more traditional, such as copies of books by and about the Pope, signed pictures of John Paul II, and videos on the Pope's life and message.
NEWS
October 12, 2005 | By Elizabeth Wellington INQUIRER STAFF WRITER
Maybe Britney Spears wanted to keep her jewel-encrusted bra for herself. Who knows? The onetime teenybopper singer in low-slung jeans has pulled that bra from Internet auction site eBay. The sparkling undergarment was one of dozens of wardrobe items and other personal belongings that Spears put up for bid on eBay to raise money for Hurricane Katrina victims. Bidding had surpassed $60,000 before Spears pulled it. In a message posted on her official Web site, Spears, 23, told fans she was "concerned that some of you might be confusing this bra with something that it's not. " OK, so maybe it's true Spears fans' elevators don't go all the way to the top floor, but a bra is a bra, right?
NEWS
November 20, 2002 | By Gayle Ronan Sims INQUIRER STAFF WRITER
Bidding for one of Eminem's boyhood homes has surpassed $667,000 on eBay. Bidding opened at $120,000, and by yesterday evening, the high bid had topped two-thirds of a million dollars. "It's just amazing the response we're getting," said Sebastian Lucido, a lawyer who bought the Warren, Mich., house with Roland Fraschetti, a Macomb County commissioner and real estate developer. Eminem's uncle, Todd Nelson, sold the house this month for $45,000 to Lucido and Fraschetti.
NEWS
March 29, 2011 | By Jane M. Von Bergen, Inquirer Staff Writer
Michael Rubin's mom didn't like the idea of her 12-year-old son starting a ski shop, so he did what most savvy kids do - played his parents against each other. "I went to my father, who said he would be supportive as long as I did well in school," Rubin said in a 2008 interview. Wonder what the family is thinking now that Rubin, 37, a Villanova University dropout, stands to earn a cool $126.1 million when eBay Inc. closes its $2.4 billion deal for GSI Commerce Inc. That's the King of Prussia company Rubin grew from his ski-store business.
NEWS
April 10, 2005 | By Jan Hefler INQUIRER SUBURBAN STAFF
Bill Kerwin 3d wanted $800 for a set of antique dental tools that was used on a New Bedford whaling ship in the early 1800s. He was thrilled when the set sold for $1,440 on eBay last week. "I'll probably buy more bushes," said Kerwin, 69, a Medford retiree who enjoys gardening. But first, he would mine his basement for more stuff. Kerwin is a client of Auction Mojo, a drop-off shop that opened in a Marlton strip mall last fall to help people finesse sales on eBay, one of several such businesses in South Jersey.
NEWS
May 11, 2014 | By Jeremy Roebuck, Inquirer Staff Writer
A former eBay executive faces up to 20 years in prison and $5 million in fines after pleading guilty Friday to insider-trading violations tied to the auction website's 2011 acquisition of a King of Prussia-based e-commerce firm. Christopher Saridakis, 45, of Greenville, Del., then head of marketing solutions at GSI Commerce, tipped off two friends and two relatives to the pending $2.4 billion deal and urged them to buy stock in advance of the sale. When the acquisition was announced in June 2011, GSI's stock price jumped more than 50 percent, leading to more than $300,000 in illegal profits for the traders.
NEWS
January 6, 2001 | By Eugene Kiely, INQUIRER STAFF WRITER
Eagles and Giants fans turned eBay, the online auction house, into a virtual scalping site for tickets to tomorrow's playoff game at the Meadowlands, although the company agreed late yesterday to shut down any illegal auctions. Kevin Pursglove, a spokesman for San Jose, Calif.-based eBay, said the company had reached an agreement with the New Jersey Attorney General's Office to remove any postings that violated the state's antiscalping law. New Jersey law prohibits the resale of tickets for more than $3, or 20 percent, above the face value, whichever is greater.
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