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Update on the eBay Yacht: Is It Abramovich? Is It A Fraud?

Last night we mentioned the eBay auction of a huge yacht. The sale of the 405-foot yacht has people speculating that Russian billionaire Roman Abramovich might be the buyer of the as-yet-unbuilt yacht which was, at $168 million (with an $85 million downpayment), the most expensive eBay auction ever. From Moscow News to Forbes, speculation is swirling about whether the auction is a real deal or not. Last time I checked, the yacht was still up for auction on eBay and is still listed on the 4Yacht website. BYM News spoke with Craig Timm of 4Yacht and found out that the auction had indeed not resulted in a firm sale and that the yacht is still up for bid. No comment though on whether Roman Abramovich is actually among those interested in buying.
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