• SHARE

Internet-auction sites allow people to sell and buy, at the click of a mouse or with a push on a cellphone button, almost anything from brand bags to resort condominiums to moldy Imperial Japanese Army uniforms. And, according to a 2005 report by Nomura Research Institute, in Japan it’s a market that is not just booming, but skyrocketing — from 1.34 trillion yen (approximately $11 billion) then to a projected 2 trillion yen-plus by 2009.

But what if you successfully outbid all-comers, pay for your purchase — then wait in vain for it to arrive? Worse, what if your vendor is overseas, and your online auction operator doesn’t compensate for failed overseas transactions?

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)