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[Resolved]  Abcindya / Bid20.com — biggest fraudy start new fraud

INDERPREET SINGH OF ABCINDYA MADE A BIG SCAM AND NOW START A NEW SCAM BY THE NAME OF BID20.COM. ALL THE PERSONS BEWARE, ON THE NAME OF BIDING HE IS COLLECTING MONEY AND SHOWING THE FAKE BIDDERS GENERATED BY THE COMPUTER NOT GIVING ANY PRODUCT TO ANYBODY AND PUTTING ALL THE MONEY IN FOREX AND STOCK MARKET. THE SENARIO HE IS SHOWING ABOUT HIS COMPANY IS JUST A BALLOON EVEN HE HAVE NOT ANY BUSINESS MANAGMENT STUDIES, HE IS ONLY 12TH PASS. A PERSON DHEERAJ MINOCHA IS INVOLVED IN ALL HIS IILEGAL ACTIVITIES WORKING IN SOME ELECTRONIC MEDIA AND TAKING THE ADVANTAGE OF THAT.
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Complaint marked as Resolved Aug 14, 2020
Complaint comments  55 CommentsShareTweet

Comments

yes that website is a scam, those mother[censored]ing are cheating the innocents
I know about the company and the founders, they are making a good sense of IT in India and the people of India but some people those might be near and dears like you, do not like them to grow as the company is growing.

If you have any proof of their disqualification in the Industry Prove it to me and all of the readers. so me and every body will get to know the truth.

Otherwise YOU are a lair and you have nothing to do in your life, even i think you cant do any thing for the country and your family too.GO and do some thing to earn bread instead to post this baseless Blogs.
I think the information what he has given and also which manner it produced looking like personal conflict.This is not place where you will put your personal dispute and seeking solution.I am saying this because I have seen same copy and past comment on several forums.
As per as site Bid20.com, It's totally reliable and providing good customer support to users.

If any customer have any type of doubt you can contact with bid20.com 's support they will provide you 100% satisfaction.

Hope you people will not bother with this comment.
I think there is some truth in this claim. Bid20 definitely is a more gamble than auction.
I did try it and think there is something dubious, some biddres defiantly seemed fakes.

This site needs more scrutiny. Bid 20 needs to be more transparent if they want to clear all the allegations, just posting a positive responce and asking everybody contact their customer service is not enough.
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Yeah, I do completely agree with xyz complainer. Such cheap minded hole do the fraud and making barrier for superior. Do the hell with abcindya. Suck my Indrapreet.

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You will be cheated whenever you beleive someone. Especially in case of money. Clever cheater will be banned from auction soon
yes i agree this is totally fake, and just a scam to cheat people, govt. should interveen immidiately
YES, I'M AGREE THAT IT IS TOTALLY FAKE PLS DON'T TRY IT. BACH KE RAHANA RE BABA BCH KE RAHANA RE ! LOOT LENGE!!!
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This is well disguised fraud. The s/w has some seeded names like dreamhouse doggy420 etc. When ever the time approaches 0, the s/w automatically bids in their name. Worse, it requires you to pay for each bid and that is not cheap too..

Good scam and just new way to cheat ppl.I just lost 1000Rs. on this intuitive cheating. Hence beware...
FRAUD --- THEY USE FAKE NAMES AND BID THEMSELVES... DONT GO THERE
hey dude...i am srinivas i lost 1000 bucks by buying 40 bids package and its showing available bids 0...hey i am thinking to file a case on bid20.com...
This is a fake website. They don't deliver any products even after winning the bid. Their customer support is an email based system where it will take ages for you to even reach anyone leave alone revert back. Spread the word fast and wide so that these folks don't dupe gullible people.
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WOW !!! Looks like this is looser forum... I'm sure that many of you lost money. The website is a auction site and not for armature looser like you guys. The website has nothing to do with your loss and if you were literate, you should have read the terms and conditions before buying bids. This is a mandatory rules by RBI before you use your card. Armature people like you ignore the terms and blame the company for your ignorance and spread rumors like you have.

I'm not a company representative or expressing behalf of the company. I'm just a customer and have won few products and I know how to win a product in an auction.
Basically its a absolutely fraud website with the criteria it sets to make people win, with no transparency at all. Ask yourself the following questions and think of the following points before making a fool of yourself in such very intelligent marketing skills planned to make a fool of the masses (which India has a plenty!) -
1. First you have to "BUY" something called as BIDS which make u eligible to enter the arena of fools, each foolishness costing from Rs 16- 22.50 something, that means the first money transaction to buy these 'one way tokens' is already made to make profit for this company at the cost of your money.

2. every bid will increase bid by Rs 1 only, costing you each person a minimum of Rs 16, that means, mathematically, at whatever price the winner may get the final deal, the company has already earned 16-22 times the money it gave to the winner, as that many fools have bidded their precious tokens to reach till the penultimate bid amount. (lets say a camera went for Rs 345, that means 344 unsuccessful bids behind it, and winner took last bid, thats ok, but (344 + 1) multiplied by Rs 20, = about 7000 Rupees company has made already, what it claims to be a discount of 80-90% to winner, WHAT CRAP!
(and how smart!)

3. What is the guarantee it is genuine, it increases time by increments of 15 sec after every bid, so definitely some brighter fools will be online in the last few mins of auction to bid and win last bet, and god knows how many more will do same foolishness and compete for same stupidity till their bids finish! company will churn money like a jackpot!!

ITS A TOTAL STUPID FORMULA, AND NO RELIABILITY OVER THE INTERNET ABOUT THE GENUINENESS OF BIDDERS, SO I WOULD SAY, IF YOU DONT BELIEVE PEOPLE WHEN THEY TELL YOU THAT YOU ARE AN , THEN GIVE THIS WEBSITE A CHANCE TO EXPLAIN YOU THE SAME. PLEASE REGISTER!! ALL THE BEST.
old saying: there is nothing for free in this world. not even a lesson to realise you're stupid!
my funda is not invest when something is fishy...i dont trust law system in india..so no chances to invest money even if they are serious and not fake also..my request to these people to be more transparent and come up with an idea so that people in india should trust them...otherwise its very difficult for them to survive. PLEASE PLEASE DO NOT INVEST IF YOU ARE NOT 100% CONVINCED. Ashish
Bid20 is totally fraud. I lost 3300 for not reason. whenever time was touching 00 sec suddenly someone BID. and as soon as i decided to stop and and exited, in next 2-3 biddings, it was sold... how come it is possible.
I believe some software, or their won people tagetting me. As soon as stopped bidding, they showed it as sold. It is just a FRAUD. Don't lose money here and stop bidding on this site. They all are cheaters...
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bid20.com site is rigged. My analysis:

~ Most of the user id / names looks fake / dummy randomly generated by application
~ One can win bid only if he has bide on hire side with no time interval. You just cannot win with 40 bids. That means one will end up paying at least 50% of the MRP. Selling price usually is less then MRP
~ Same user ids back to back fight on every product. I am sure no one is fool enough to bid 50 to 100 times on any product and start over again on different product even after loosing a bid.
~ There are few IDs noticeable always exists for every product. Been a consumer I personally don't want to buy every thing, then how come these few users are mad about every product starting from juicer to a bag to a camera.
~ Genuine people generally try to have user ids as there own name, where as fraudsters / scammed try to have meaningless IDs.
~ When you fight for a product in last 15 seconds, you'll notice many repetitive users fightin endlessly making u withdrawn for a moment.
~ Your product is mostly sold when you are off screen i.e. you wait for a while checking your mails or sold list on site making ur session idle for few moments.
~ Most of the winners comes out of the blue moon i.e. u'll never see them in few previous bids and all of
a sudden they emerge as show stealer. They indeed have some meaningless userids. This mostly happens when a product is sold at 90% discount.

Looks like media and Govt. is sleeping or receiving good amount of commission.
bid20 is making fool of people i just lost Rs1000.00/ pls no one should try this, we people cannot win the bid only bid20 employees can win the bid, its a big fraud & making people fool all of you should do somthing for it
onous lies on bid 20 that ther organization is not participating in bids
Yes, This one is definitely a big fraud website, above Cstech has supported this site and mentioned that you can contact bid20, but can you tell us where to contact?? There is no option on menu bar to contact them. I think even Cstech is one of them. No proper information given about bidding.
I am sure this is no 1 fake site.
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