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dip pel B.A

Penny auctions – be aware of shills and bots

627 001, India

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Though penny auctions can be extremely rewarding at times but one is also required to be careful with them because there is always a possibility of a scam and other kinds of unlawful activities. While dealing with the penny auction sites any individual is required to have a clear conception about the whole process as well as the other illegal means that are often used by the online penny auction sites. It is extremely important on the part of the bidders to be aware of the shills and the bots along scam auctions that may really cost him a lot of money without any return.

In the world of penny auction there are quite a few sites engaged in fraudulent business and shills are considered as the most potent weapon of forgery by these websites. Shills are actually the owner or employees of the penny auction site who act as bidders to attract more bidders and also push up the final price of the item by a considerable margin. On the other hand a bid bot is actually software that can bid again and again on a number of products at the same time. There are also some sites that simply steal the money of the users by simply not shipping anything to  them.

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