Received email telling me about a great auction site where you can receive amazing deals on Iphones and many other popular electronics. To sign up you have 3 options to purchase 30 bids, 50 bids and a 100 bids. Each bid is valued at 1 dollar. Each item you bid on is done in 10 cent increments and your bidding against many other individuals. Usually the price of the items are way below retail value.
Now the scam, You are bidding against bots, fake people. The auction will never allow you to win, In my case I bidded on a Iphone, I actually won my auction, it took me to a checkout page, I clicked on and than took me to a paypal page and I clicked that option, the next page gave me an error message, I reloaded the page, tried everything again with the same result. I clicked on the back button on my browser went back to the page where I won the auction only to see that the very iphone that I won was still being bidded on.
This link is how the auction scams you!
Http://www.youtube.com/watch? V=3HdQK8TkkWU
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