"Penny Auction" scams




















Recently there have been websites that have been advertising that you can win various different prizes for usually just a fraction of the cost. Of course there is a catch to these "auctions", you need to purchase "bids" to which allow you to bid on an auction and when the auction ends the last bidder recieves the prize, for example an xbox 360. The trick is that these sites use computer automated "clickers" that bid on the auctions at a instant and so the chance of winning an auction is very low and these "bids"cost real money every time so in the end you will have won nothing and your money will have been spend on these useless "bids". 

The best way to avoid these scams is to refer back to the quote "If it looks to good to be true then it probably is".


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