Quibids.com Quibids Shopping refined I won a TV 32 Inch Panasonic and after paying I waited and a week before Dec.25 it was cancelled. Oklahoma City, Oklahoma

I did a reverse lookup on the street address (minus the Suite #) and it is actually a UPS Store. What legitimate business uses a UPS Store for it's corporate location???  SCAMMERS do.
Are they operating out of someones basement? That is embarassing........

Penny bids are geared to the uninformed and gullible. They rake in fantastic profit margins on the electronics and allow many to easily win junk auctions (perfumes and jewelry and other nondescript Chinese trinkets). A true scam all around. Not illegal at all but scams do not have to be illegal.

Checked their domain name registration and it uses the same UPS Store address. They appear to be doing their own web hosting.

The BBB is also using this phony address in it's review page.

Here's the major players names:

  Mr. Matt Beckham (CEO)
  Mr. Jeff Geurts (CFO)
  Ms. Jill Farrand (Director of PR)
  Mr. Bart Consedine (Chief Marketing Officer)
  Mr. Brian Emery (Marketing Manager)
  Mr. Shaun Tilford (CTO)
  Ms. Kerry Morris (VP Biz Dev Merchandising)
  Mr. Mark Weigt (Busineess Analyst)
  Mr. Chad Taylor (Category Manager)

You can afford this level of staffing when you run a penny auction and have no office overhead. If you don't award auction prizes your profit margin really soars.

Check out their colorful pages and personal websites at LinkedIn. Quickly...... they'll be pulling them down real fast.

If you look at Matt Beckhams page he's a co-founder of a company called EGX (egx.com). If you check out the site it has no mention of any management team but it gives a swank New York City address. Unfortunately, it again is the address of a local UPS Store. Do you see a pattern here???

Time to start rolling these operations up.

Home addresses and phone numbers to follow shortly.........