Tech
How Stolen Goods End Up On Amazon, eBay And Facebook Marketplace
Coordinated robberies have hit dozens of U.S. stores in recent months and lawmakers are warning it’s a rising trend of organized retail crime. While punishments for shoplifters are hotly debated, there’s growing consensus around a solution that holds an entirely different group accountable: the online sites where the stolen goods are sold. Here’s what Amazon, eBay and Meta’s Facebook Marketplace say they’re already doing to stop the sale of stolen products on their platforms, and why major retailers like Home Depot are asking congress to crack down on them by requiring stricter verification of sellers.
Chapters:
00:00 — Intro
01:55 — Prevention and tracking
06:02 — How stolen goods end up online
10:19 — What eBay, Amazon and Meta do now
15:45 — Legislation as a last resort
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How Stolen Goods End Up On Amazon, eBay And Facebook Marketplace
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A leak by Indian supplier Tata Electronics, purportedly of the yet-to-be-released iPhone 18 Pro models, has become marketing gold for the Chinese government. The Communist Party paper, The Global Times, is using the leak – caused by a cyberattack – as a cautionary tale for Apple and other American companies that are in the process of diversifying their supply chains away from China. CNBC’s Eunice Yoon reports.
00:58 Correction: The location tag should be Beijing, China.
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China’s Swagger After India’s iPhone 18 Leak
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Unstoppable demand for AI is leading to a capacity crunch on factory lines at the world’s leading chip manufacturer, Taiwan Semiconductor. And it could put a chokehold on AI’s ability to scale. Analysts tell CNBC that Nvidia, Apple, Broadcom, AMD and others are locked in an “extremely fierce” competition to get their GPUs, CPUs and custom AI chips made at TSMC. Capacity can’t come online fast enough, despite TSMC’s rush to build new fabs in Taiwan, Japan and Arizona, where has expanded investment to $265 billion. The strain has made one man at TSMC “the most popular person on the planet,” as chip start-ups and big name CEOs visit Taiwan to ask him for wafer allocation. It’s also created a rich opportunity for Intel, as customers look to the long-struggling foundry arm of the U.S. chip manufacturer for a second source.
Chapters:
0:00 Introduction
2:06 ‘Most popular person on the planet’
6:54 Making room for smaller players
9:10 Can new U.S. fabs ease the crunch?
Producer and Reporter: Katie Tarasov
Edited by: Matt Soto, Andrew Evers
Camera: Eddie Temborski, Robert Lampe, Evan Reinhardt
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Cerebras, D-Matrix, Getty Images, Intel, Nvidia, OpenAI, SpaceX, TSMC
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
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Warner Music Group, the third-largest music label by market share, is tapping into the South Asian music movement with its latest venture.
CNBC’s Laya Neelakandan explains.
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Micron’s hometown of Boise, Idaho has a growing crop of newly minted millionaires.
The AI-driven memory boom is showing up in the form of job growth, new construction projects, a bustling dining scene and an influx in new residents.
CNBC’s Katie Tarasov explains. Find the full report in related video.
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Half of single Americans say they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO’s 2026 survey.
But, the cost of dating itself is only part of the story. For millions of users, finding a date means paying for the apps.
Watch the full story in related video.
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@BloodArtistify
January 3, 2024 at 2:56 am
If prices were only more reasonable
@cynicannkeel8899
January 3, 2024 at 2:56 am
Who's likely to be the victim of stolen tools that won't turn on? Unsuspecting people who putchase stolen tools on eBay, Marketplace, so thieves will still profit from their crimes.
@neo6280
January 3, 2024 at 2:56 am
THEY WANT US NOT TO BE RACIST BUT JUST LOOK AT THE COLOR OF EVERY PIECE OF TRASH ROBBING THIS PLACE
@juliococa2607
January 3, 2024 at 2:56 am
Real crooks politicians
@juliococa2607
January 3, 2024 at 2:56 am
The stores are the real crooks
@SVS-pj6bd
January 3, 2024 at 2:56 am
Unpresented number of mass shootings and a slew of coordinated robberies. Its funny how the US government and media points out other countries as very dangerous when hell is in USA itself while still insisting to be the good guy and cop of the world 🤣
@brunovalerio5689
January 3, 2024 at 2:56 am
Is not the stores or eBay, Amazon that has to deal with theft is hard penalties for criminals. Almost every single democrat city has crimes way up.
@dominicayazo561
January 3, 2024 at 2:56 am
Alec Karakatsanis, you are an idiot! 4:41
@user-ev2wg2cl7k
January 3, 2024 at 2:56 am
Lol those cameras don't even work retailer's are doing nothing sad sad
@MS-ql8ek
January 3, 2024 at 2:56 am
California loves letting thieves get away, im surprise these stores still want to do business there, i have a few cop friends and they tell me California is a completely different country from the way they operate things
@alfiey5783
January 3, 2024 at 2:56 am
The biggest winners! Security companies! I know whose stock is going uppppp
@quesadilla79
January 3, 2024 at 2:56 am
Child labor is how, not this.
@raulcotresus
January 3, 2024 at 2:56 am
The solution is simple.
Those online market places only care about money and play ignorance of the problem.
Fine resellers a hefty fine each time a stolen good is sold on their platform, and bring criminal charges for selling those items in complicity with criminals.
@TomSmith-ls5rn
January 3, 2024 at 2:56 am
The usual suspects.
@AriannaAyers
January 3, 2024 at 2:56 am
How about we stop buying so much stuff? Don’t we have enough? Do we need a door that traps flies, or dog collar that lights up? We lived life just fine without all this consumption!
@AriannaAyers
January 3, 2024 at 2:56 am
I saw an older woman come into a grocery chain with a carryon suitcase. She filled it up with meat, and walked out. Surreal.
@cobolstinks
January 3, 2024 at 2:56 am
"amazon google ebay need to do something". — insert magic here
@Gangstalkingtactics
January 3, 2024 at 2:56 am
Literally ALL gang(group) stalkers/community stalkers/phone hackers are “flash mobbing” organized retail crime hired felon thieves. Community stalking/ gang stalking: the ultimate of organized crime. They love to “flash mob” targeted individuals to publicly to harass and humiliate targeted indiviuals. It seems like just about anyone can get put on the “targeted list” these days for no apparent reason.
#communitystalking
#organizedretailtheftcrime
@cirphp
January 3, 2024 at 2:56 am
I doubt this is one group of organized thieves. It looks more like a bunch of thugs trying to make a couple of dollars. And those pictures shown at the beginning of the video somehow look different from the trash stealing on the videos… I wonder what it is.
@eq9478
January 3, 2024 at 2:56 am
When majority of people voted thefts is not a crime, everyone should know this is going to happen. When this big mess happens, inflation will keep going up. Why? The cost of goods will go up, because the owners of the shops will put the loss on consumers, it’s as simple as that. This country has become a lawless country, if the situation continues, then we will be in big trouble. Our standard living will decline.
@kayl4138
January 3, 2024 at 2:56 am
Everything to protect big corporations. Even changing the law. Why not changing minimum wage so people don’t have to steal or look for cheaper options?
@bulldozaaa9353
January 3, 2024 at 2:56 am
Why would they post up a tiny % of the culprits by posting 2 white guys when there is a clear demographic that is responsible for these crimes. We know this because everyone stares at younger black men when they’re in stores and that’s not right, but it’s just that obvious.
@AlexSage
January 3, 2024 at 2:56 am
NAAAH!!!! I don't want stores to be caged up like this because of shoplifters… remove the shoplifters out of the picture with better laws!!!
@stevetaxpayer6664
January 3, 2024 at 2:56 am
Why does CNBC only show clips of black "smash & grab" robbers?
@jamesadair8131
January 3, 2024 at 2:56 am
Mac 11 will fixs all this😊
@newmanc6619
January 3, 2024 at 2:56 am
Even some illegal marketplaces don't allow stolen property.
Even silk road did not allow stolen property when it existed
@adeliograve001
January 3, 2024 at 2:56 am
Those corps are crying for losing a few million while they rake in billions and upper management crying cuz there bonuses are feeling it so ridiculous the greed of this country is unreal
@ketibitch1389
January 3, 2024 at 2:56 am
Now thanks to these dumbasses, sellers now have to provide receipts to selling platforms 🙄
@cynicannkeel8899
January 3, 2024 at 2:56 am
There are endless scammers on Marketplace who claim to be selling new product, but if you check the comments from previous customers, customers never received their product, or have an inferior product sent to them. Apparently enough consumers don't bother checking vendors out before they order, because some scammers have been pulling the same thing for years, yet Marketplace hasn't intervened.
@davidponce1910
January 3, 2024 at 2:56 am
Imagine going into the store and then putting all your stuff in the basket and Big Brother already saw everything you had in there he knows everything you buy everything you eat what kind of deodorant what kind of tampons it's kind of weird huh bigger cities are falling apart for what what's the main reason all this crime is happening that could be organized too by the government can be organized by the government to set these rules in to control this more and more let's blame a bunch of organized crime guys that steal a bunch of stuff and sell it somewhere else even though the government is going to be the cause of it but work like they are that sounds very scary
@user-rj8tz9dm5v
January 3, 2024 at 2:56 am
Walmart and target need to do what home Depot is doing and not harrass their regular customers they used to have buy accussing the regulars of shop lifting at self checkouts that is obscene truth and illegal truth
@user-rj8tz9dm5v
January 3, 2024 at 2:56 am
Talked to human rep shared video with that person on ebay Vien something make sure they gave intel to their company truth
@asmith7812
January 3, 2024 at 2:56 am
Pulling back and look from a global perspective- thus is the byproduct of inequality and lack of faith in society
@janetr5929
January 3, 2024 at 2:56 am
What fuels this is that they’re allowed to do it period.
@Elonmuskasseater69
January 3, 2024 at 2:56 am
Dang
@juinxxviii624
January 3, 2024 at 2:56 am
How about the stores find a way to prevent the thefts and stop expecting Amazon to do it for them.
@Wokerati
January 3, 2024 at 2:56 am
Well well well
@johnnyflores1978
January 3, 2024 at 2:56 am
Wheres Lebum james defending his negros ?
@Jlin0012
January 3, 2024 at 2:56 am
Most useful old way… Get caught, off with the hand. Can't steal if one got no hand.
@ashantedula5696
January 3, 2024 at 2:56 am
A day in jail for every dollar of the retail price lol.
@ang0051
January 3, 2024 at 2:56 am
the beautiful result of multiracial society
favelas
@susannpatton2893
January 3, 2024 at 2:56 am
😂 one year later and we still have smash n grab. One dude is responsible for over 100 k in stolen stuff and he keeps going 😂. How did any of this work out?
@personnesenki4521
January 3, 2024 at 2:56 am
These retailers need to donate to campaign funds for DAs, judges and other politicians who will be tough on crime.
@arkansasgreg9976
January 3, 2024 at 2:56 am
If it is a retail store problem, why don't the retail stores spend more of their own money to create better loss prevention?
@ejaykid9052
January 3, 2024 at 2:56 am
This video is giving out to much "cover your tracks" information!!
@ItsOKtobeNormal
January 3, 2024 at 2:56 am
They make it so complicated, theres no need to come up with new laws for ebay and bla bla bla. Just make the punishment for theft more severe, its really not that hard…almost like theres a reason they dont want to do it. Hmmm
@danutavram831
January 3, 2024 at 2:56 am
Ebay and Paypal stole my money and closed the case, who will defend me??
@Merrikatt
January 3, 2024 at 2:56 am
I finally realized those way too good to be true online deals really are. Sorry for my part in buying looted stuff 🙁. I hope we get this under control.
@bigfoottoo2841
January 3, 2024 at 2:56 am
Ebay, now you have to give them your SS number and you get a 1099 at the end of the year.