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Winners24.com is an Estonian penny auction site that launched in August of 2008.
A reader just wrote to us to tell us about his poor experience with them.
He tells us that he won a Samsung HDTV back in June of last year, Winners24.com told him that the auction had been terminated but then e-mailed back [...]
“613Bid,” one of our forum members, has just investigated penny auction site PennyBiddr.com and requested we post his findings here. It looks like he may be right about this one, thank you 613bid, we appreciate your diligence!!
We already know that the PHPPennyAuction.com penny auction script has bot bidders programmed in (more on this coming soon- [...]
For10cents.com, the very same penny auction site that appeared to have left shill comments on the Penny Auction Watch forum, resulting in our terminating their ability to advertise with us gets an F from the Better Business Bureau of Chicago.
From BBB.org:
“BBB Rating for For10cents.com
Based on BBB files, For10cents.com has a BBB Rating of F on [...]
Today, The Dominion Post, New Zealand published the article Penny Auctions Trouble Watchdogs, raising the question of legality and questioning whether penny auctions are akin to gambling.
A Consumer Affairs Victoria spokesman said that they had reservations about penny auctions,
“In a traditional online auction transaction, the losing bidder is not out of pocket.” According [...]
Continue Reading 4 comments Auction News, Penny Auction Strategies
We recently exposed TdBids’ fraudulent shill bidding, now the owner admits to it. Read the posts in the forum here.
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Member
Join Date: Aug 2009
Posts: 60
Reputation: 10
Quote:
Originally Posted by stewartfan
Why do you bid on your own [...]
In today’s The New York Times article Losing Out After Winning an Online Auction, Alina Tugend warns readers of auction fraud and even mentions penny auctions Swoopo and GoBid:
“There’s a lot of ways to lose money with online auctions,†said Sally Greenberg, executive director of the National Consumers League, a nonprofit group. … To make [...]
Remember iPennybid? We received a legal threat, many negative comments from unhappy iPennyBid bidders and found out that iPennyBid required scans of bidders driver’s licenses. Now iPennyBid is gone and the offline message reads:
“Due to licensing reasons, iPennyBid.com is no longer available in your country. We will post more information when available.”
Licensing reasons? Please look [...]
We already know that there are con artists at work utilizing the entertainment shopping phenomenon to profit. With this in mind, you may be interested in reading this fascinating study on the psychology of con games.”The psychology of scams: Provoking and committing errors of judgement” was prepared for the UK Office of Fair Trading by [...]
Penny Auction Pardoo just launched this week. The question was raised in the forum of odd bidding patterns and possibly shill bidding bots on Pardoo.
Curious as to what software Pardoo.com is using? Let’s take a look at their sourcecode:
Pardoo’s software, Cactus CMS 3.8 comes from Estonia based software developer DigitalFruit.ee.
Does DigitalFruit.ee [...]
