ED Magedson – Founder
BIDFUN.COMInternet United States of America
First off I give Them credit! I personally did not fall for this scam but you would have to admit how clever it is.
First they want you to buy credits your choice of $20.00 or higher to make a BID. lol Now here's the real kicker every time you make a bid it adds $0.01 to the bid board, This is to make it appear that the item that your bidding on looks like your getting a really good deal. Ok now stop and think about it 1 cent gets added to the board every time you bid on this item hummmmmmm. so if you see an item that's selling for $23.30 That the reg. cost is $350.00 that looks like a great deal!!! Ok now stop look at that $23.30 A little closer. if every time you make a bid it adds .01 to the board that item is in real life or should I say The Company is making $2330.00 of A 350.00 product. hummmm. Sound like a good deal now! lol That is for the company.
Now here is the real kicker of the scam.. THE COMPANY Will hire people to watch the bidding giving the employees unlimited credits to keep the bidding going on so that they can get your money. Remember you pay 1 dollar every time you bid there paying nothing and after they made there money I would say at least $1000.00 over what the item cost then they would let it go to a real buyer. This is to make it look legit on there half so the product does ship out. And they can back it up by providing that they shipped the item that was sold without any questions of being a scam. d**n I just wish I thought off this scam.. lol Well I never bidded on there web sight so they cant call me a sore loser lol. Two Thumbs up to the scam artist on this web sight! And to everyone else. Good luck on your bidding!! lol.
This report was posted on Ripoff Report on 01/22/2010 07:51 AM and is a permanent record located here: http://www.ripoffreport.com/reports/bidfuncom/internet/bidfuncom-bidfuncom-nice-scam-wish-i-came-up-with-it-internet-558356. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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