Yes what a sham, I thought I got a great deal on some diamonds that I bid on up to a few hundred dollars and won but only after was told that the computer was down (at their end) and the auction was therefore canceled (they must of rectified the problem as nothing now sells for anything much under 10% of "compare at" prices!). Well I thought "ok then I will have another shot at it" the next time round I won a auction on a 2.41 diamond for $990.00 "great" I thought, after a month of being told the diamond had been shipped I then was told it hadn't been shipped at all and that they were unable to supply me that diamond for that price, what? Is this not a auction I thought! They did offer a 1 carat stone to me but that's not what I won. After repeated emails they still were unwilling to tell me why they will not supply what I had won and then eventually did not reply to any further emails at all other than sending a refund (thank God). So when is a auction not a auction? Answer: When it's a Bidrise Auction!!! When a diamond doesn't make a profit for them they just come up with a excuse (or in my case, no excuse) not to send it, that appears to me to be fraudulent especially if it's meant to be a legitimate auction. If you have a look at the site they suggest that their diamonds "compare at $000's ", what a joke, check any reputable diamond calculator / supplier site and you will see that the diamonds Bidrise suggested compare prices are massively inflated and by some astonishing coincidence bidding by the most part end's up at around 10% of it's "compare at" prices with multiple items drastically increasing simultaneously in value just before the close! For example the 2.41 J si1 I thought I won has a value of around $26,000 and that is for a natural NON ENHANCED one, when factoring the lower value of a enhanced stone the value should be around $16,000 (retail), Bidrise's site suggested the value was "compare at over $77,000". Their scam works for most as normally the bidding on this would go over $5000.00 which is not far from wholesale price, that's if you get what was advertised which is unlikely as I have experienced from their other Ebay site as well I have been in contact with another buyer and they confirm that they did not receive what was advertised and is hoping to get a refund. Keep in mind that this site sells ENHANCED DIAMONDS which are by industry standards worth 40% less than non enhanced diamonds! I would like to plea to US law enforcement agencies to investigate the goings on of this very dubious company and take appropriate action. The consumer laws in Australia would burn them alive, I hope that is the case in the US and Europe.
They are utter time wasters.
Steve
Adelaide
Australia
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