Dallas, TX: A class action lawsuit has been filed against QuiBids, LLC, alleging deceptive and unfair trade practices and fraud in its operation of QuiBids.com.
QuiBids.com is an interactive online website which allegedly allows its users to buy consumer products at greatly reduced prices by participating in online auctions. QuiBids.com claims that users of their website will pay 80-95% less than retail prices for thousands of consumer products, including high-end items such as HDTVs, laptops, and even automobiles, by bidding on their merchandise via online auctions. However, according to the suit, virtually none of the consumers who participate in these "auctions" will win the right to purchase such high-end item products at those greatly reduced prices.
The suit alleges that the failure to win auctions is costly to QuiBids customers. Each auction draws hundreds or thousands of bids purchased at $.60 per bid. The losing bidders do not get back the cost of the losing bids. Thus, the overwhelming majority of customers will lose money using the QuiBids website, according to the suit.
The suit alleges that QuiBids.com does not tell its customers that they have virtually no chance to come out ahead financially. Thus, while QuiBids.com passes itself off as a legitimate auction house, its business operation is more akin to a casino or a lottery.
As a result of QuiBids.com's alleged fraudulent and deceptive business practices, the suit alleges QuiBids has taken in millions of dollars. In one such auction, alleged in the suit, QuiBids' profits exceeded $12,000 from the bidding on a $1,500 HDTV. The ultimate winner paid $228.59, but 22,859 bids were purchased by all bidders in the total amount of $13,715.40. All of those bidders except one walked away with nothing, never knowing they were playing more of a lottery than bidding in an auction.
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There's another crooked outfit called "DealDash" running the same, identical scam. You bid in DealDash's pennies, which cost their victims $.60 each. Like Quibids, the astronomical odds are in favor of the house, and the customer takes it up the wallet every time.
NOTHING on the Internet today is honest.
Posted by Deborah
I got scammed by Quibids a few months back. I just about fainted when I found out I paid $87.00 for a bowl that I could have bought at Wal-Mart for $15.00. I tried calling, but of course no one answers, you have to leave a message. Did I get a call back? Not the first time, nor the second time. So you got me Quibids.
Posted by De re
Quibids is still doing this. I have file a complaint with the bbb, and consumer fraud. I was unaware of the charges being billed to me. And from other comments where I filed my complaints, I'm not the only one. It is virtually impossible to win anything on this sight because they keep adding time to the end of the auction. They decide how much you pay for an item. Not whether you win a bid. Example a $700.00 tv, you could have the winning bid of $350.00, but if they want more, they just add more time. Bait & switch, unfair practices, fraud, misleading and deceptive? Every one of them. I was billed $87.00 for two items I could have bought at Wal-Mart for $20.00. So just how is that a reputable sight. If they were reputable, the top bid price should not go over what the items retail value is.
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