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Do you trust Audiogon?

Recently, I came close to purchasing a five-figure item on Audiogon.  After quickly agreeing on a price, the seller did several things that caused me concern.  Some of them involved proposed violations of banking laws, and others were clear violations of Audiogon's own regulations.  I realized that this wasn't someone I should trust, and I might be receiving a box of rocks or a broken item, and I'd never again hear from the seller.  I killed the deal and reported this to Audiogon.  To my amazement, the seller's account and his listing are intact.
How does this protect honest buyers from predators?
128x128drastic
uberwaltz's avatar
uberwaltz
13,381 posts
 
I would say that information is very pertinent. Accusations should not be made lightly without being prepared to back it up with a little bit of factual evidence or its all just smoke.

I have made several sales and purchases here over last few years with no issues.  Admittedly none were 5 figures but plenty of mid 4 figure deals.
jetson
137 posts
 
The OP seems be justified to be suspicious, but that doesn’t mean he was going to get ripped off.  I know nothing of the circumstances or deal but I’ll add that lots of “honest folks” do “cheat on their taxes”.
Ultimately, it’s wise to protect yourself and walk away if uncomfortable, but don’t expect people to be convicted on suspicion, not evidence. 
Cheers,
Jim
maritime51's avatar
maritime51
1,288 posts
 
Call it smoke if you want-it is a thing of no consequence. 
georgeab
94 posts
 
Yes, I trust Audiogon.   Do I do due diligence, yes.   If something is not right, then pass on the deal.   It sounds like you accepted responsibility and did the right thing.  
bigkidz
3,334 posts
 
what banking laws did you think were violated?


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