Penny Auction Says No to a Bidder Who Wins Item for Pennies penny auctionWhile it’s already a given that a lot of penny auction sites scam consumers, set up bots and shill bidders to ensure that items don’t end for less than wanted, one penny auction bidder was told no from penny auction site when he won an item with just a few bids.

The bidder sent us the following e-mail that he received from the penny auction site:


we apologize but we have to cancel deal because is impossible sell goods
only for $ 0.03. We give you your used bids on this auction back

Thanks for understanding and have a nice day

Lagoos Team”

Uh? Maybe you shouldn’t be in the penny auction business then, Lagoos.  So what is the amount that Lagoos will be ok with selling items for on their “penny auction” site anyway? 

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