[Resolved]  magic-bid.com — Fraud Company

Address:West Delhi, Delhi

Fraud ka Baap www.magicbid.com

magicbid.com is fraud company. i have visited the product sold section and Testimonial section, the winners detail. except for few none of them are matching. people on testimionial claiming that they had won the product in discount , u won't found them on product sold. This clearly tell that these buggers only making money but giving out product. also, pls. calculate, the number of hits recieve on product and per bid cost. eventually all o[censored]s land up to paying more than what it shoudl be. more over i believe 100% their would be some hidden cost which they do not show up front.

Last but not the least, they don't show the contact detail of the winners, to whom we can check for the credibility and authenticity.

So, its appeal to people of India to do away with this site. do not pay or deposit money on this website.
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Aug 13, 2020
Complaint marked as Resolved 
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MagicBid is NOT a fraud or a scam website. It is a trusted website with a Verisign certificate to prove its authenticity.

For your information the sold section consists of only the last 10 deals in magicbid, where as the testimonials are there from all users who have given us testimonials from the inception, Henceforth both of this cannot be compared with each other
User’s privacy is extremely important for MagicBid. As per the Privacy policy of the website, MagicBid is not entitled to reveal the personal details of the users in its website unless accepted by the user as in case of Testimonials where you can see the names of the users along with their photograph. Also there is no compulsion for users to write a testimonial when they win a product.

Magicbid business model is reverse auction and for any auction there can be only one winner. All winners in magicbid save a minimum of 70% and maximum of 98%, As we understand not everyone can be a winner, to make this experience truly win-win we have a buy it now option for most products.
If a user loses an auction all the bids placed by him/her is immediately redeemable from the full price for example:
If a user is bidding on an item worth Rs 5, 000 and he has places 100 bids and lost the auction all the 100 bids he has placed will be redeemed at Rs 15 (which is again the price he buys the bids)
Hence:
MRP = 5, 000
Bid Rebates = 100 X 15 = -1500
Buy Price = 3500

Here the user loses absolutely nothing and there is 0% risk as he/she can buy the same product for Rs 3500 only.
There is no hidden cost involved. The product price and the cost of Shipping are clearly mentioned in the site for each product in the auction.

If you need any further information, please do not hesitate to contact us support (at) magicbid.com

Priya
Magicbid
I agree
You have auto bidder system and its placed bids on last 2-6 seconds and i know this kind of concepts and i cam prove that you people are cheating the people and Versing SOLD in Just 90 Dollar, its not big deal and its a confirmation of your authenticated, if you people are right why did you take PLIMOUS gateway, they are big cheaters like you.

How can a same ID can place bid on all running auction at same time, you have auto bidder and i can prove it in court on your script.

Dear play fair game otherwise you will soo soon.
May i know your name? why is that always we are getting false complains from someone who cannot even reveal the identity?

Verisign doesnt give certification by just paying money we need to prove the authenticity and only then verisign approves the certification

Most of our bidders bid on multiple auctions, and this is common across all auction websites. Do take a look at other auction websites.

If you need further information contact us with your identity and phone number we will be ready to clarify things

Thanks
Priya
I too agree with 'statusdelhi' replies above. What's the proof that magicbid.com is not using 'Automatic bidding' in the last seconds? I guess the whole point of the rule - Bid time will be extended by ~10 seconds on every bid is only existing to give the owners the chance of 'Auto Bidding'...Moreover Verisign doesn't talk anything about the code behind the site, but it just says that the site is using data protection policies effectively...

I strongly recommend people not to use this site, unless & until the true identity of the winners is available & can be easily validated with..
You can always check our Testimonials section for this, Other things have been clarified in the previous post itself.

You can also email support we will try to connect to our customers who have won products

Verisign was only mentioned on the previous post to state that we are a genuine company doing business, it more on the authenticity

Hope its understood, please stop posting false claims on our company

Thanks
its a script. not to go end auction. to bidder not able to win

http://www.magicbid.com/app/webroot/vsa/login.php
http://www.daveguindon.info/
http://www.daveguindon.info/websites

master plan with php and mysql nice try Mr.Ramanthan

Looser may file police complaint on above person at following address i will take necessary action.

Magic Shopping Solutions Pvt Ltd
S/25-E, Rainbow Flats, Ponnambalam Salai
KK Nagar West, Chennai - 600078, Tamil Nadu,
Mobile No.[protected]

who own bid. is anyone out there. give your full details with address and phone number email address then only other users will believe this auction is genuine.

magicbid.com fraud site they earns money donot go there do not loose money.
Hi Priya,

I could feel the frustration in your writings. I am ready to take up the challenge which you said, I am ready to reveal my identity as long as you can prove it to me that you guys don’t have any auto bidding system.

The reason I am agreeing to what "statusdelhi" says is because i actually sat for about 6 to 7 hours without moving from the computer and was monitoring a bidding which was going on for apple I phone. I made a note of all the ID's of people who were bidding. I have about 117 id's of people who were bidding within that 7 hours. But since i was continuously bidding i could easily understand there was something fishy in it. I was actually monitoring the bidding throughout the night till early morning. So there were few customers who were bidding till mid night spending at least 300 bids (Each one costing a minimum of 15 Rs) and all of a sudden they went missing, i thought those customers would have given up, but after 4 hours i see the same ID's bidding again, this time the bidding style is entirely different, they bid for jst 5 minutes, and they leave again and after some time they come back again just to bid once and they leave again.. out of the 115 ID's which i tracked at least 25 of them came back after 4 or 5 hrs and the way in which they were bidding was entirely different and there were few ID's which were bidding just to loose without any strategies loosing a minimum of 500 to 600 bids (each one costing minimum Rs. 15 again) But the only thing which those id's achieved was they made others to bid more and more to be at the top.

In one of your reply you had mentioned that you will not be revealing customer’s information. That is a policy which you guys decided yourself without discussing with your customers. As a customer I would not mind my information to be displayed in your webpage as long as you don’t display my contact information.. You can have a profile page for your members and in my profile page I can have the details about the auctions which I have attended and also the amount of bids which I have placed on each auction. And you guys can keep an option if a customer wishes he can display his contact information as well.. If you guys can get this done had the doubts of people would be cleared.

Will be waiting for your reply
Dear Erprem,

We dont monitor this post, please dont except replies immediately, Please send us a email to support (at) magicbid(dot) com

Pennyauction model byitself is such that only one person wins out of dozens of people who compete to win a product, some of them utilize the buynow option some dont.

Most of the regular users usually first bid on voucher bid packs, and when they win a 500 or 320 voucher bid pack, such amount of bids is credited to their account and these bids cannot be redeemed for buy it now, and hence you would be seeing some users bidding 100s of bids.

But in our experience we have seen people who put in 100s bids actually win the product, this is applicable especially for high value products which are above Rs 25, 000

We followup with most customers for testimonials only few of them provide them and many customers hesitated to give their contact information as its a privacy concent, however we will try to get information from whomever agrees to

We will try to do whatever is necessary to enhance the trust on Magic bid

Thanks for the suggestion

PS: Please send us a email to support (at) magicbid (dot) com, We may not be monitoring this regularly to post
Regarding

its a script. not to go end auction. to bidder not able to win

http://www.magicbid.com/app/webroot/vsa/login.php
http://www.daveguindon.info/
http://www.daveguindon.info/websites

This is a virtual sales agent script which gives a special offer to customers when they signup, do check the website for more information, this is no way associated with fake bidding or whatsoever
Gali gali mein shor hai, magic bid chor hai
WAF new style of money making machine...
Ms Priya, i am sure you guys either have an auto bidding system or a few of your own company mates doing this bidding thing. There are a couple of things i found fishy:
1. The bidding for any product starts only when the bidding is about to end (last sec/ending) which is practically impossible :)
2. I don't think any1 wins here. You guys just have an inbuilt bidding system tracking how many users are online, how many bids they have left into their pockets and how far can they go :)
3. And i am sure every1 understands who they are when your firstname users start bidding into the system :)

Guys lets drag them to the court and charge them for Fraud. I will be happy to spend money like this than being fooled by such guys.

MagicBid watch out from now on...
I've revealed my identity. so lets see what Ms Priya from MagicBid does now :)
On more fact. The moment you leave the bid... it gets over in 5-10 mins. I'd bid for a couple of products from yest night and all have been sold for not more than 10-20 rs where i left. they just keep on increasing the bid till your pockets are empty...
And yeah i don't think any product goes out of their office... actually do you guys really have products for auction or just their images??????
We have already replied enough on all the questions, Since the model is such that only 1 can win, all the others who dont win get upset, henceforth we have setup a buy it now option where you can get your bids value redeemed and you can buy the product is full price.

You can give a try to see how things work and if you dont win we strongly recommend you to exercise the buy it now option

Vikrant - please contact support with your ID we will be happy to help

We have replied and explained enough and we would be doing it no longer, hence if you need any queries do contact support

Thanks
I think they no need to cheat the people, because they are earning more than then they anticipated. For example I am watching one product "Fujifilm 12 MP Digital Camera" with MRP Rs.6, 999. At present bit (yet to complete) Rs.717 i.e. 716 bids are placed at the moment it means they already earned Rs.[protected] X Rs.15).
Common dude 'muralikt', you're missing the point here - Who told you that these 716 bids are made by outsiders? do you've a written proof?
THIS MAGICBID is definitely a Cheating Company!!

No winning!! only loosing, winning casino's is possible but you can never win here.
The Magic bid has a group of 25 data entry guys for about 4k a month in 3 shifts, their job is just to keep bidding online with more than 100 usernames daily, their duty is just keep on bidding untill the price reaches an average of 5 to 10 times the retail price but they never give out any goods to any one user. Because the usernames are dummies. Other genuine users just keep loosing in the process.

Never assume that with a group of 3 or 4 you can win, But that is never the case..there are users who can bid

more than the price of the product. you just go mad!!

I observed it for a month. excellent work by the group. (I watched the movie 21 in that there are just 5 guys

but here it is a network of more than 100 usernames, you cant even imagine the strategy. This is another big

mafia network. If not MAGICBID there is someone who is the staff running this mafia from outside, but definitely there is gambling!!!

The Magic bid knows how many are online/ how many people are bidding on each one. How many bids they have in

pockets. How many bids are in BidGinie (This is crucial data) then the dummy guys keep on bidding to just loot

your bids.
I saw the few usernames bidding for more than 40 bids for 40Bid voucher/ he does it for apple iPod for countless, repeatedly for many good many times. Oh my god!!

Govt. should ban such unauthorized online bidding services until the IT wing of govt. is expert enough to

scrutinize such. I think law should stop this lottery/ gambling. The spirit of such bidding itself is just to

loot, how can govt. expect the process they follow for it can be trusted, without any verification? Do the Govt. think its a fair business that looting lakhs of people and filling crores of one such fraud company.

Never participate or Never encourage your friends to participate!!!
Once you start it there will be no ending..because it is always "The House wins!! strategy." just a Lottery!
Looting the educated people, wasting the time of the most effective people of the country!!

If you are new to bidding then this is never never a try also!!

Be scared to buy bids from this type of company.

BidGinie is another quick money consuming machine. Licence to Kill!!
BuyITNow, I dont need to tell about this because think about it, do you really have tried it at least once? its

waste for its price. This option in practical is never useful, because the goods are sweet only when you get it for cheap, otherwise there are Better electronics for 50% of its costs!!

Beware of MAGIC BID.
just follow Magic Bid for a week with the winners list in the SOLD LIST. you observe a pattern of HOW the

winners are grouped. All are part of the same group!!!


[protected]endofit[protected]
This is what I find fishy with this website. The testimonials are not open to anyone to add. You basically have to email them your testimonial. Which, first of all, is very indicative of fraud and secondly, helps them filter the testimonials.
And this girl, Ms. Priya who keeps on replying on behalf of MagicBid, please understand that doing business on the internet is not like doing business in India, in Indian style, where you completely ignore and wish away customer complaints.
You are no one to decide when and where you answer to negative feedback. Its your customer who decides which forum is best suited to get our question answered.
And i hope you do understand that if you want to stay in business in the future, you better start answering to our questions when and where we choose, or else expect negative feedback to spread like wildfire on the internet.
Stop asking your customers to send you an email on your support email. All you're trying to do, is contain the damage and not let others realize that your customers are having a complaint.

And btw, if you want to answer to customer complaints, please answer with proof and don't say the same things over and over again and think you have answered our questions.

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