Whats the deal with this one cent auction scam? - AuthenticForum
 
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Old 12-09-2006, 06:20 PM
Denim God
 
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Whats the deal with this one cent auction scam?

I didn't want to threadcrap in the thread about fake jean switches but i noticed that the person who sold lawgal the fake TRs bought a ton of these "how to make money with 1 cent auctions" ebooks for 1 cent each..
eBay: The Secret Beyond The 1 Cent Auction 0.01 ebook (item 110055212681 end time Nov-27-06 18:47:37 PST)
eBay: Secret Of One Cent Ebook Auctions Free Shipping RESELL (item 280039464625 end time Dec-17-06 08:32:28 PST)
eBay: eBook - THE SECRET BEYOND THE 1CENT AUCTION NO SHIPING (item 220047063706 end time Dec-01-06 21:58:09 PST)
eBay: SECRET OF THE 1 CENT AUCTION REVEALED! (item 190021784560 end time Dec-16-06 00:47:09 PST)

Ok, this has to be some sort of scam b/c this person has purchased several of these same books from different sellers, which seems pointless. I also don't see how someone could make any money selling 1 cent auctions with ebay/paypal fees...even if you sell 300 of these things its still only $3 before fees.

Also, this seller has a book "make money selling nothing on ebay" and claims that they make $ off of other peoples auctions and that you might not like the secrets they reveal:
eBay: NEW! Make MONEY selling NOTHING on eBay EBOOK - Resell (item 140054925640 end time Dec-19-06 10:57:18 PST)

Am i missing something, b/c i don't understand the point of these 1 cent auctions.
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Old 12-09-2006, 06:26 PM
Denim Addict
 
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I think people create and buy these 1 cent things to boost their feedback on ebay since ebay requires you have a certain number of feedback before you can use some auction features. So this way they can create an account and get 10 feedback comments in like one day. Then they can offer buy it now and 1 day auctions and whatever else their scamming little hearts desire to rip off people more efficiently. Plus people feel better about buying from ebayers with more feedback too.
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Old 12-09-2006, 06:26 PM
Denim God
 
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I think the 1 cent auction is maybe to "buy" feedbacks.

All these sound shady to me.
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Old 12-09-2006, 06:38 PM
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an 'ebook' is a file to download...so who knows what they are sending you?? Maybe even nothing?
If I had a penny for every email I sent, I could rake it in, no?
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Old 12-09-2006, 07:55 PM
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Wow. Now I am pissed off that I left postitive feedback for that scammer! I did note a problem and good solution but that probably won't defer other buyers. I should have neg'd her!
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Old 12-09-2006, 08:44 PM
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I'm still confused about this! I would be like, the worst scammer EVER!
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Old 12-10-2006, 09:15 AM
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Yeah, they're feedback auctions
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