ED Magedson – Founder
QuiBids An online scam best describes QuiBids. They suck you in with tons of false advertising and promises of winning great deals in auctions which are rigged to their benefit. Internet
I fell for all the advertising and hype promising the opportunity to enter an auction for a specific item with a chance of winning such auction for a fractioin of the stated value of the article. They have devised an auction called "you choose it" in which a person can bid on at least 2 items listed under the same auction number. I wanted one specific item but found myself bidding againest several bidders who were bidding on a different item. The end result was that this is all designed to keep the bids inflated on the item you might be bidding on. I highly suspect that several of the bidders were actually employed by QuiBids to run up the price. I could not keep up and finally dropped out.
The sad fact is that you loose whatever you have bid. You have to buy bids in advance just to have a chance to bid. Stop and think about it folks, if you have 6 or 7 bidders on any one item who might invest 180 to 240 dollars apiece, bids are sold in blocks for 60 dollars each, to try and win a 400 dollar set of golf clubs, QuiBids is making a killing. Of course they list the set of golf clubs' value at $799 to make you really think you might get a good deal. There is nothing good about QuiBids, even if you figure out the scam early and drop out of auction you have probably already lost a minimum of $60. Hopefully someone will be able get this on line scan closed down and the appropreate people prosecuted.
This report was posted on Ripoff Report on 06/18/2013 03:45 PM and is a permanent record located here: http://www.ripoffreport.com/reports/quibids/internet/quibids-an-online-scam-best-describes-quibids-they-suck-you-in-with-tons-of-false-advert-1060153. 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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