An exclusive report by Mirror.co.uk, proclaims that hundreds of eBay user accounts were hacked and then utilized for the systematic defrauding of possibly hundreds of eBay Inc. (NASDAQ:EBAY) users. Details are sketchy but sources have provided alleged solid proof that eBay security has been compromised in unprecedented scale. The Mirror quotes: "Site user Stephen Reilly, 57, said: "They targeted cars, jewelery, artwork and sound systems."

eBay users are ranting (log in required) on the site's discussion forums and management is reacting in standard eBay fashion by pulling discussion threads and maintaining its practice of routine censorship of any information which may cast an ill light upon executive leadership. It has even been alleged on various eBay-related blogs that eBay is attempting to thwart dissemination of the hacking news across the Internet by spamming the search engines with reports about the possible sale of Britney Spears' hair on the site.

Where is the eBay Trust and Safety team on this? It's not answering questions, indicating that it's selling the old bull line which maintains that "isolated incidents" have occurred.