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  • Report:  #661840

Complaint Review: www.bidfun.com.au

www.bidfun.com.au Naxopresence UK Ltd Not a legitimate bidding site, it's a scam beware ! London, Other

  • Reported By:
    Daniel — Internet Australia
  • Submitted:
    Sun, November 14, 2010
  • Updated:
    Tue, November 30, 2010
  • www.bidfun.com.au
    Mayfair House - 14-18 Heddon Street, London UK, W1
    London, Select State/Province
    United States of America
  • Phone:
  • Web:
  • Category:

www.bidfun.com.au is a total scam and people should be warned.


In short I was looking to buy an ipad. Doing a google search I came across www.bidfun.com.au and the site looked like a legitimate business, has stamps of approval such as paypal approved and verified by Geo Trust etc. More importantly there is a list of products that were auctioned before so it made sense to try to buy what I wanted at auction. I am a long term ebay user - a site that is tranparent and fair to the customer in all aspects.  At bidfun you have to transfer some funds fist (something that should have made me suspicious) so that you can start bidding. Since I wanted to spend no more than $ 500.00 on an ipad I transferred this sum, thinking that I would be able to buy one or several products for that kind of money. After bidding a few times I saw my account credit being drastically reduced for bidding fees not for the intended purchase of goods. As a matter of fact, the system allows for so many last minute bids that the auction takes, hours - sometimes days to finalize. In the meantime dozen of bidders pay up to one dollar per bid just to hang in there hoping to be able to buy a product before the credit is down to zero. Being new to the website I paid over $ 400.00 in one day just in fees and did end up with not winning any of the products. The is simply a scam. A legal one, I am sure since there must be plenty of small print that you can read if you search the site explaining what's going on but morally it's completely wrong and misleading. There is no honest value offered here, many other auction websites are honest, this one is clearly not. Please look into this site and you will see within minutes what I mean. It's a scandal and I hate to think how many people fall for it, many a lot less savy than I am on the internet. This scam should be reported to the public to prevent many others to loose a lot of money very quickly.


kind Regards,


Daniel

1 Updates & Rebuttals


Bob

Massachusetts,
United States of America

The rules were marked and clear.

#2General Comment

Tue, November 30, 2010

My wife spent the last 2 days bidding and watching an auction for a Nintendo Gameboy XL.  She bid a few times, but mostly she waited until the competition waned before she attempted to bid.  No she didn't win, but that isn't the point.  We knew that every time we push the bid button that we were spending a dollar, and we knew that the timer would increase by 20 seconds.  If you sit back and think about the auction site and how it works, there may be a thin line between it being called gambling, but the fact that the outcome is not random discounts this.  It can be proven who the last bidder is/was.  This is NOT gambling.  The last guy to buy a lottery ticket prior to the drawing is NOT the winner.

Could people be taken in by the excitement of bidding?  Sure.  But this happens on every auction site.  How many people on eBay pay more than the fair market value of an item they could have bought at the store because of the excitement of winning.

Daniel could just as easily have come along at just the right time and bid once and won the iPad.  Then instead of coming here and complaining, he would be telling all his friends about this great deal he got.

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