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Unfortunately though, the auction business has long been a haven for con artists looking to separate inexperienced collectors from their cash with misleading advertising, high-pressure sales ...
With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
The Better Business Bureau just released some good news: In 2011, consumers consulted the BBB far more often than they did the year before, and they lodged fewer complaints. Surely that's a sign ...
A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction is extended each time a new bid is placed, typically by 10 to 20 seconds.
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
Matt Beckham and Shaun Tilford (now QuiBids’s chief executive officer and former chief technology officer, respectively) founded the company in 2009 and launched the site from Beckham’s Oklahoma City apartment in the fall of that year. The company name is a portmanteau of the words "quick" and "bids", and is pronounced the way both words ...
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