Classifieds scams?
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11-08-2024, 02:27 PM
Post: #11
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RE: Classifieds scams?
Hello!
(11-08-2024 01:46 PM)Idnarn Wrote: Will an art dealer who sells a painting he originally purchased many years ago for 5 million euros to a 40-year old buyer for 50 million euros get a jail sentence? He will probably not go to jail, but if the seller - or rather his lawyer - can prove that at the time of the sale the painting was already worth much more than those 5 millions he has a chance of getting his share of the 50 millions. There have been some similar cases before court, the result of course depends a lot on the judge and jury. Usually arts dealers are recognized experts in their field (in German: Sachverständige). If you as an ordinary "uneducated" person, at least in the field of valueing pieces of art, do business with such an expert you must be able to rely on his word. (11-08-2024 01:46 PM)Idnarn Wrote: Will a DNS domain owner --- who registered a domain originally for $35 and then sold it later for $2 million to a buyer who was willing to pay that money for that domain --- go to prison for it? Probably not. But again (talking only about Germany) in the early days of the internet there was a certain Wild West attitude regarding these deals. People registered BMW.de or Mercedes.de to themselves, hoping to sell these domains to the companies with a huge profit. Courts quickly ruled that unless your own name was "BMW" or "Mercedes" you had to reliquish these domains to the rightful owners of the brand names. Regards Max |
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