Bidfun, Scam Site
Just reading about scam sites and this one, really is something.
Here's what one reviewer on Sitejabber said:
[QUOTE]
If you do choose to ignore the warnings in these reviews and play on this website, make no mistake that each time you hit the bid button, you are in-fact making a bet and not a bid as you would in a legitimate auction. As many others have already noted, placing a bid on this site is akin to dropping $1.00 into a slot machine - except that I doubt that even slot machines are rigged to the extent of these so-called auctions.
At least with a slot machine, you are well aware that you are betting against a machine that is operated by the casino or club or whatever. In bidfun, you are bidding against their robot who is disguised as another genuine bidder (although anybody participating in this rort should be clearly labelled as a punter rather than a bidder), but after watching one of these auctions run for another 7 hours after the bidding went down to 1 second remaining, it is clear that most of the bids are placed by robots created by bidfun themselves. Just take a look at several of the auctions running simultaneously and you will see that many of the bidders are placing bets in multiple auctions and these bids are amounting to thousands of dollars for just one bidder.... and for items that retail for only a fraction of the amounts they are bidding. For example, I watched the same bidders bidding on an ipod nano, a pspgo and a wii and I estimated that their bids in all 3 auctions totalled in excess of $3,000.00 each. That's not bad for items that had a combined RRP of around $1,000.00!!!! So I ask, who in their riight mind would do this and the answer is nobody .... that is, at least, nobody who was a genuine bidder.
I also do not agree with those who say that if it looks too good to be true then it probably isn't true, because the principle behind bidfun is sound and there's no doubt they could still turn a tidy profit just by relying on the genuine bidders to push the price up. In other words, bidfun are blatantly rigging the auctions to increase their own profits and not just by a few dollars, but by thousands. I'm sure that if you were caught doing this in a real auction, then you could expect to end up in court on a host of criminal charges.
I think what I find most appalling about this website, however, is the clientelle they are targetting or scamming. Take one look at the items they list and the age group of the people they are predominantly aiming to screw-over becomes quite apparent. ...... ahhhhh ..... just like taking candy from a baby eh guys????
And on a final note .... Paypal should disassociate themselves from this scam real fast and before they also find their integrity being questioned when these guys are finally brought down.[/QUOTE]
Here's a link to sitejabber:
http://www.sitejabber.com/reviews/www.bidfun.com
I'm hoping that this posting may save at least one RFDer problems as a search didn't yield anything on them on RFD.
Here's what one reviewer on Sitejabber said:
[QUOTE]
If you do choose to ignore the warnings in these reviews and play on this website, make no mistake that each time you hit the bid button, you are in-fact making a bet and not a bid as you would in a legitimate auction. As many others have already noted, placing a bid on this site is akin to dropping $1.00 into a slot machine - except that I doubt that even slot machines are rigged to the extent of these so-called auctions.
At least with a slot machine, you are well aware that you are betting against a machine that is operated by the casino or club or whatever. In bidfun, you are bidding against their robot who is disguised as another genuine bidder (although anybody participating in this rort should be clearly labelled as a punter rather than a bidder), but after watching one of these auctions run for another 7 hours after the bidding went down to 1 second remaining, it is clear that most of the bids are placed by robots created by bidfun themselves. Just take a look at several of the auctions running simultaneously and you will see that many of the bidders are placing bets in multiple auctions and these bids are amounting to thousands of dollars for just one bidder.... and for items that retail for only a fraction of the amounts they are bidding. For example, I watched the same bidders bidding on an ipod nano, a pspgo and a wii and I estimated that their bids in all 3 auctions totalled in excess of $3,000.00 each. That's not bad for items that had a combined RRP of around $1,000.00!!!! So I ask, who in their riight mind would do this and the answer is nobody .... that is, at least, nobody who was a genuine bidder.
I also do not agree with those who say that if it looks too good to be true then it probably isn't true, because the principle behind bidfun is sound and there's no doubt they could still turn a tidy profit just by relying on the genuine bidders to push the price up. In other words, bidfun are blatantly rigging the auctions to increase their own profits and not just by a few dollars, but by thousands. I'm sure that if you were caught doing this in a real auction, then you could expect to end up in court on a host of criminal charges.
I think what I find most appalling about this website, however, is the clientelle they are targetting or scamming. Take one look at the items they list and the age group of the people they are predominantly aiming to screw-over becomes quite apparent. ...... ahhhhh ..... just like taking candy from a baby eh guys????
And on a final note .... Paypal should disassociate themselves from this scam real fast and before they also find their integrity being questioned when these guys are finally brought down.[/QUOTE]
Here's a link to sitejabber:
http://www.sitejabber.com/reviews/www.bidfun.com
I'm hoping that this posting may save at least one RFDer problems as a search didn't yield anything on them on RFD.