OKLAHOMA CITY (CN) - A federal class action claims the online auction company QuiBids defrauds customers by failing to disclose the way it operates. Bidders pay 60 cents for each bid, and each bid ...

Add articles to your saved list and come back to them any time. Online auction websites advertising on TV in Australia are offering iPads for $24, 50-inch Samsung TVs for $85 and even a Honda Civic ...

Penny-auction websites are buzzing with all kinds of deals on electronics, appliances, gift cards, and many other items. Encouraged by TV and Web ads promising as much as 95 percent off retail, ...

An iPad for $88.07? An Xbox for $15.33? Sold! The television commercials for online penny auctions may have viewers fantasizing about scoring the latest tech gadgets at eye-popping discounts. But they ...

BOSTON (CBS) - Penny auction websites are more popular than ever, offering a chance to by new electronics and designer goods at wildly discounted prices. But some people claim the sites may actually ...

Ads for the penny auction site QuiBids and Happy Bid Day make it look easy to get expensive items for just a few dollars. One for QuiBids says, "Imagine getting a new Apple iPad today for just $23.74.

May 24, 2011, 2:17 PM UTC / Source: GlobeNewswire OKLAHOMA CITY, May 24, 2011 (GLOBE NEWSWIRE) -- QuiBids was named a Finalist in the New Company of the Year category in The 2011 American Business ...

Are penny auction sites legitimate? States begin to regulate the industry. Aug. 19, 2011 — -- Everyone loves a deal, but how good of a deal are the online stores known as penny auction sites?

Prices can start as low as zero and each bid increases the price only a penny or two, so the deals look amazing. Imagine getting a new Apple iPad today for just $23.74. An ad for the penny auction ...