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?
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Showing 2 responses by djones51

I would need more information than the OP has provided since according to him " Some of them involved proposed violations of banking laws" and then after reporting to audiogon the items are still for sale. For the OP's information to PROPOSE to VIOLATE  a banking law is a VIOLATION  of banking law and if audiogon did not report this they are also in violation so maybe the OP doesn't really understand what he is claiming. 
Looks like someone is getting a divorce and trying to hide some assets. If there is something illegal no one knows exactly what audiogon is doing. Generally federal authorities do not want anyone to take any action, leave things as they are until they can investigate which has always been my experience, so I wouldn't worry about audiogon. You did the right thing by ending the transaction and reporting.