Sent an e-mail offering goods for sale via a dealspin. Made it sound very attractive and a bargain. Then structured the bid price and terms in very fine print with many unreasonable conditions.
The entire deal offers no real bids - they fix the price and give the buyer the illusion that he can redeem bonus dollars and discount the high bid price. The discounted $200 dollars can be increase by joining other promotions they benefit from, but you must have $500 accumulated before you can cash them in.
They get your credit card in advance and then when you click to purchase at the discounted price, they attempt to charge your credit card for the whole amount less 1/100th of the actual bonus dollars. $500 equals 5 dollars (this is not presented up front - only somewhere in the extensive fine print.)
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