Swizzie
The userid of the winner was someone who hadn't been bidding until that last bid
75 bids for $48. Then you pay for item if you are the last bidder. Each bid raises the price by $0.01 (a penny). Each bid therefore costs about $0.66. An item that sells for $10.00 therefore has raised about $660. IPhone 4 goes for $15-$25. That's the ripoff part. The scam, I think, is that the ...