- Report: #1220436
Complaint Review: Auctiomaxx - Toronto Ontario
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Author Not Confirmed
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Auctiomaxx
200 Barter Rd. Suite 1 Toronto, M9M 2G6 Ontario, Canada
Web:
www.auctionmaxx.com
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Auctiomaxx Shill bidding scam Toronto Ontario
This site uses shill bidders to bump the price up. They do not care about the customer, period. All they want is the posting fee from consignors and final auction fee from buyers. There are many scrupulous items posted - whether legal or not.
I bought and consigned with them abiding by ludicrous rules set forth by Jon Martin. If you post one item, the fee rate is $10 post fee PLUS $25 penalty fee PLUS 10% of auction value - quick math dictates that the item must sell for at least $41 before the consignor collects and at that point you get $2.50. If the items sells and the final payout is less than $2, they have the right to dipose of the item. You must consign at least five items to work into his $10 post plus 10% structure for each item.
If you bid, depending on the item there are shill bidders in place to push the price higher than normal. THis is easily noticed in a lot of cases as the item is re-listed the next day before they even open with a statement of non-payment attached. The site gives you five consecutive days to pay - usually online - if you don't, the item is re-listed and you are charged for the relist and loose any investment.
Forget about returning anything - you have seven consecutive days to return an item - BUT they are closed Sun, Mon & Tues. - this leaves only four days for returns.
This site requires Government and or media intervention and shoud be investigated.
