Complaint Review: RCI Auctions
RCI Auctions Conducted Fraudalent Auctions, Internet
*UPDATE Employee: Disgruntled Ex-Associate
*Consumer Comment: No complaints
*Consumer Comment: ok than
*General Comment: Nope, I am not the OP
*Author of original report: Me Myself and I... LMAO
*REBUTTAL Owner of company: Reply by RCI
*General Comment: Your lawyer will probably laugh at you...
*REBUTTAL Owner of company: Response by RCI Auctions
First a customer also known as BIDDER chooses items they wish to bid on they then have the choice to place their initial bid followed by a Max Bid. The Max bid is secret only known to the Bidder and RCI Auctions. If another legitamte Bidder bids higher than the initial bid then the bid is raised to that bid level. If the origianl bidders MAx Bid is higher than the new bid then the new bid raises the next bid level.
RCI Auctions opens fake bidder numbers and then they look at the Max Bids on items of other bidders and they routinley create minimum bids on items staying below the Max Bid of the other bidders but raising the bids up to the max bid.
The Legitamte bidder thinks that a fair auction is being handled and that they have an opportunity to possibly win items at the lowest price possible but in reality they are at times bidding against the company insider who makes sure the ending bid is close to the maximum bid that the legitmate bidder placed.
As a bidder I would expect that my bids and max bids are completely confidential and that RCI Auctions are not using that information to bid against me.
This report was posted on Ripoff Report on 01/09/2012 08:37 AM and is a permanent record located here: http://www.ripoffreport.com/reports/rci-auctions/internet/rci-auctions-conducted-fraudalent-auctions-internet-819979. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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