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Report: #666680

Complaint Review: wavee.com - Internet Georgia

  • Submitted:
  • Updated:
  • Reported By: Todd — California United States of America
  • Author Not Confirmed What's this?
  • Why?
  • wavee.com Internet, Georgia United States of America

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I found Wavee.com after searching for blackfriday deals on 11/22. Sounded like a unique way (and inexpensive) to purchase merchandise and I signed up with an initial $75. Those credits went away quickly as I was bidding on a Ipod Touch. One sold for $49.43, and one sold for $95.60. A good deal on the surface, I just ran out of credits. As the bids were moving along, I purchased more credits, this time in the amount of $225. My credit card authorized the charge but my credits were never given. I contacted wavee.com support by "submitting a support ticket". Everytime I would submit a ticket telling them of the problem, I would receive an email acknowledgment, and then shortly after, another email would be delivered stating "your request has been deemed solved." Yet, when I would go on the site, my credits were still at $0. It took me until 11/28 and a statement that I would file a report if these credits were not given to actually get my credits....6 requests in total.


Fine, I have my credits...log on and start looking at a HP Pavillion desktop computer...as I write this, the bid is currently at $264.01...a good deal. Then I looked at the Canon Rebel Digital Camera....also $264.01....I thought that was strange. Then I looked at a Yamaha theater surround sound....also $264.01. I responded to my last email from the wavee.com support team with my concerns that either there was a "glitch" or they were conducting fraudulent auctions...either way, I didn't trust the site,  I would like a refund of my money. They stated, "The 225 credits wouldn't be refundable due to us giving them to you for the inconvenience.".....they actually stated they gave me the 225 credits for my inconvenience...not that I paid for them, and they didn't address my concerns over the 3 products bidding at the exact amount for the exact same timeframes. Now I am here....out $300 and haven't won a bid yet....caveat emptor.

This report was posted on Ripoff Report on 11/30/2010 01:22 PM and is a permanent record located here: https://www.ripoffreport.com/reports/waveecom/internet-georgia-/waveecom-waste-of-money-and-time-internet-georgia-666680. 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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REBUTTALS & REPLIES:
1Author
1Consumer
0Employee/Owner

#2 Consumer Comment

Are you crazy?

AUTHOR: Ramjet - (U.S.A.)

POSTED: Wednesday, December 01, 2010

I guess I'm naive but I never heard of this obvious scam before.

Do they actually have an 'auction' that you have to pay money to place bids in?  And you pay More every time you bid? what kind of crazy scheme is this and why in the world would anyone think it's a good thing to do?

Wow, this is a helluva deal for someone who runs this and a bad deal for whoever is participating.

Unbelievable!

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#1 Author of original report

UPDATE Wavee.com R U FRIGGIN KIDDNG ME?

AUTHOR: Todd - (USA)

POSTED: Wednesday, December 01, 2010

OK...so was doing some math last night...a Canon Rebel sold by auction for $298.18....a good deal on the surface. But, considering the bidding starts out at .00 and raises by .01 for every bid, and every bid you make equals  $0.75...

$298.18 x 100 (cents) = 29,818 cents/bids

29,818 bids/$.75 = $22,363.75 in bid dollars (this is what they made on the bid item)

AND you still have to pay the $298.18 for the winning bid.

total revenue generated: $22,661.68

Who says you can't make money on the internet.

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