Amazon Seller Indictments - WHAT IS IT & WHAT DOES IT MEAN

Awesomers.com

English - October 17, 2020 22:07 - 58 minutes - 133 MB - ★★★★★ - 49 ratings
Business business leadership finance entrepreneur lifestyle cashflow amazon lifestyledesign investing freedomfastlane Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Product Savants LIVE

Next Episode: Amazon Seller Hot Topics - Online Hang Out

https://awesomers.com/199

Steve Simonson and Paul Rafelson talk about the news of the Amazon Sellers and agencies that were indicted by the Department of Justice after an exhaustive investigation by the FBI.

The actual indictment is here: https://www.justice.gov/usao-wdwa/press-release/file/1317976/download?fbclid=IwAR29kMV5sngTz-vWA1-FOPMJNXin1Reohw_jATWDfUN3aNIMN5x3dVMhW8c

Read the allegations yourself and see why the alleged behaviors are so outrageous.

Here are some of the news links that elaborate on this story:

https://www.ecommercebytes.com/2020/09/19/amazon-reacts-to-federal-indictment-of-seller-consultants/

https://www.engadget.com/amazon-third-party-seller-bribery-scheme-214225399.html

https://www.cbsnews.com/news/amazon-marketplace-fraud-scheme-six-indicted/

https://www.theverge.com/2020/9/19/21446549/six-people-indicted-amazon-bribery-marketplace-third-party-sellershttps://nypost.com/2020/09/19/six-indicted-by-justice-department-on-conspiracy-to-pay-bribes-to-amazon/

https://www.pcmag.com/news/feds-amazon-staffers-took-bribes-to-prop-up-sketchy-merchants-products

Paul's casual Friday dress aside, Steve and Paul talk through the indictments and some of the impact it may or may not happen on other sellers and topics that deserve consideration in the future.