uk.madbid.com/front - A scam I hadn't seen before

If any of the scammers we've recently uncovered deserve to make money then surely it's this guy - it's one of the more inventive scams, I've seen in recent times. Madbid is an auction website, they even give money to charity. Basically items sell for a fraction of their RRP on this auction site but you have to buy bids. At approximately £1 per bid, they don't come cheap. The clock resets to 3 minutes every time there is a bid, if there is no bid then the auction finishes.

The site does however seem to allow certain people bid after the time is finished and it seems that the same few people win over and over again, some of which had once been caught linked to the owner of the site on his facebook profile. It all seems too dodgy for me and will cost you far too much although there is a slight chance of picking up a bargain.