September 2010

We’ve mentioned it before and we unfortunately have to mention it again, it’s of our opinion that advertising by way of “consumer news report” advertorials is misleading consumers.

These fake news site have been used to advertise “work at home” schemes, Make money with Google, Acai, colon cleanse products, reservatrol and others, now they’re being used to advertise penny auctions and we don’t like it.

Last year, Wired’s Kevin Poulsen reported on these fake news sites, he said “There’s something icky about the fake news ads showing up on genuine news sites like Salon, Slate and Huffington Post. Are things really so bad that we’ll let scammers use the tropes of journalism to lure consumers into shady deals?”

There are a few penny auction sites that told us they are not marketing this way, they say it’s their affiliate marketers that are making the ads, but if they haven’t, they need to tell their affiliate marketers to stop.

We’ve found a few of these fake news sites being advertised on Weather.com. The sites have names like The Memphis Gazette, Consumer News, Action News, Consumer Tips Digest, Penny Auctions Exposed,  Consumer Advocate Weekly and others.

We think that some consumers are impressionable and don’t always know that these fake news sites are really fake news sites. Is this an honest way to market?

Many use images of French journalist and news anchor, Melissa Theuriau. Voted by many to be the most beautiful news anchor, it’s very unfortunate to see that so many marketers are using her image to make a profit.  Many have used Melissa’s image to make it look like she’s the investigative reporter “investigating” or providing a positive “money saving” review about particular penny auction sites.

As policy on Penny Auction Watch we will not allow sites that are advertising by way of advertorial to advertise either on our blog or forum. If you find a site that is advertising by way of advertorial please let us know about it.

Also of concern, there are a few sites that are using icon logos of major news networks on their site next to the words “As Seen On” when in actuality there site has not been “seen on” these sites, some have only purchased paid press releases for Reuters, Yahoo, etc., they’ve not actually been interviewed or featured by these media outlets.


What do you think about penny auction sites marketing with these fake news sites? Let us know!

Discuss penny auctions in our free forum!


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The Good, The Bad and The Ugly of Penny Auctions

good bad ugly September 29, 2010

Some rights reserved by Cayusa The Good The ability to get stuff cheap – computers, gift cards, games, iPods, housewares, etc. Thrilling – “entertainment shopping” can be fun Buy it Now – Even better = minimal loss to consumer The Bad – (Downsides of Legit Penny Auctions) Lose money -Watch what you spend, pay your [...]

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Washington Attorney General Steps Up to the Plate Holds Shill Penny Auction Accountable

thumbs up September 28, 2010

On January 18th of this year we found PennyBiddr.com shill bidding, well thanks to a referral from the FTC  the Washington Attorney General is holding them accountable. It’s about time! There are many more sites that are shill bidding and we hope that consumers will report these sites so that everyone who has been defrauded [...]

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ScoreLuxe a Penny Auction for Luxury Items

scoreluxe September 28, 2010

Have you bid on ScoreLuxe.com? Recently launched, ScoreLuxe is a penny auction that is exclusively offering “high-end,” luxury items. [pullquote]“We want to provide high value luxury items at amazing prices due to the power of collaborative shopping. Therefore, the winners will be scoring luxury… scoreluxe.com!”[/pullquote] ScoreLuxe has told us that they have just shipped (for [...]

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Victim of Fraud? Call the FTC!

fraud hotline ftc help September 27, 2010

We’ve posted before that if you’ve been a victim of fraud by way of a penny auction scam to report the site to the FTC via the FtcComplaintAssistant.gov, well just recently we heard a radio ad which said consumers could call the FTC to report fraud as well, the number is 1800-FTC-HELP. Please note: don’t [...]

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SpaceAntiques’ 1000 Auction Anniversary

September 24, 2010

Penny auction SpaceAntiques has reached the 1,000 auction mark, to celebrate this they’re hosting a free 1,000 bid pack auction set to end this Sunday September 26th. All bids placed on the 1000 bid pack auction will be returned to participants after the auction ends. They’re also giving away a free $50 Amazon gift card [...]

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Penny Auction Protection Tips

penny auction tips September 22, 2010

“After being on the boards for nearly a year, I have made many adjustments in my “penny auction” persona. Changed the ways I interact with auctions and definitely changed the way I pay for auctions.” Here are some penny auction protection tips posted by our member, KSteven7. These are very important tips, thanks KSteven! Don’t [...]

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Stop Committing Fraud! We’re Tired of It!

fraud tshirt September 21, 2010

Both Bidtimelive.com and Bidtime25.com are now gone, they haven’t responded to customers in months and they haven’t shipped out owed items. Why not? When speaking with Jay at Bidtime a few months back he told us that all customers would be taken care of, it’s been over 4 months now and still there are customers [...]

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ABCPennyAuction’s New Ownership

abc penny auctions September 21, 2010

ABCPennyAuctions.com is now back with a new owner. Armed with 20+ years of customer service experience & having owned and operated retail business, Frank Grimes of Pennsylvania has written to tell us that he has purchased ABCPennyAuctions and is excited to run a legit penny auction. Items are already up for bidding now, gift cards, [...]

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Moloyo Opens to Penny Auction Watch Readers

moloyo September 20, 2010

Last month, we wrote an article on Moloyo. Unfortunately though, we weren’t able to divulge too much about Moloyo until now. Following a month of “intense, caffeinated nights,” Rob says, “it’s time to spill the beans.” Taken from it’s homepage, “Moloyo is a new online social community of buyers & sellers. With our integrated social [...]

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Is eBidPenny.com Really the #1 Rated Penny Auction Site?

penny auction ebidpenny September 19, 2010

2nd Update 9/28: It appears they’re now out of beta and are back to being “the #1 Rated penny auction site.”…? Who have they been rated this by? Update: eBidPenny has come back to the forum to follow up on these concerns after asking what users thought of their site to tell us that they [...]

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Seems Like DigitalFruit’s Intelligent Investment Protector (Bots) Are Still There

bots September 19, 2010

Photo Credit www.thegoldguys.blogspot.com Many months ago we were harassed in the comments section when posting about DigitalFruit.ee‘s bot function , they said our post was wrong about DF’s programmable “bots,” (shill bidders- set by the company to bid against real users) even though e-mails to them showed that they did have the IIP, someone said it wasn’t [...]

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Oversight is Necessary

oversight approval September 17, 2010

Over the course of the last 19 months we’ve found many penny auction sites that have done the following dishonest and/or fraudulent acts: Shill bid (bid against their paying bidders, either with software to do this, or manually). Failed to ship items out, some have even relished in this. A violation of the Consumer Protection [...]

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A Penny Auction Just for Gas Gift Cards

conoco September 17, 2010

How would you like to bid on something most of us use everyday?  Well GasBids.com is a new penny auction site that is selling just gift cards for gasoline and bid packs. They’re currently in beta testing mode, but they say users will receive real items: “Everyone who signs up today will get 20 free [...]

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BidCactus Acquires GoBid

gobid bidcactus September 15, 2010

A few weeks ago I met with Lael of GoBid, we discussed the penny auction industry and the future of GoBid (which has been down for a few months now), we learned that GoBid users would soon have the option of transferring to a large, established penny auction site. Just today GoBid announced their acquisition by BidCactus.com. If [...]

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Lunch with Vanessa from OohiLove

oohilove September 13, 2010

Have you bid on OohILove.com? Oohilove is a penny auction site that specializes in selling designer handbags, shoes, accessories and gift cards. I recently had a wonderful lunch at the Crepevine in San Francisco with Vanessa , marketing & merchandising director of Oohilove. Over crepes and salad we discussed Oohilove’s progress and the penny auction [...]

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Penny Auctions Explode in Japan

Thumbnail image for Penny Auctions Explode in Japan September 12, 2010

In October of 2009 we wrote about finding the Japanese penny auction Saruok.jp and we remember that it seemed they had bot bidders (bidders w/o e-mail addresses – found with Firebug). It looks like penny auctions [ペニーオークションとは] have gained popularity in Japan, we just found dozens from the Final Auction penny auction with a woman holding [...]

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For10Cents Update: Interview and BBB Accreditation

for10cents September 11, 2010

UPDATE 10/1: User to have 11k in won items cancelled because she discussed For10Cents on our forum. UPDATE 9/29/10: Users are reporting slow ship times & lack of response from For10Cents when asked about their items, see discussion in the forum for more information. Back in November of last year we posted about how we [...]

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PulseAuction No Fee-Per-Bid Penny Auction

key September 9, 2010

Have you bid on PulseAuction.com? Last week we spoke with the founder of Pulse Auction, and he told us that this new penny auction site was created out of their teams’ frustrations with existing penny auction sites “where they wasted countless hours and dollars chasing product we could never win.” Putting their own creative energy [...]

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Turn Penny Auction Gift Card Wins Into Cash

plasticjungle September 8, 2010

Perhaps you have a few gift cards that you’ve won from penny auction sites that you’d rather exchange for cash or into a gift card to another retailer, if this sounds like you you might be interested in checking out the gift card marketplace, PlasticJungle.com. Plastic Jungle  buys and resells gift cards, even if a [...]

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