Wavee.com Review Is It a Scam
A brief explanation about online penny auction websites is they work a little bit differently from traditional auction websites. In a traditional auction website only the winning bidder has to pa for the price of the item. Also in regular auction sites the items are typically not being delivered from the owner of the auction site instead they are typically owned by everyday people. That being said lets talk about Penny Auction websites. Penny Auction websites work differently its very similar to gambling because with penny auction websites you have to purchase NON REFUNDABLE credits.
Purchasing Wavee.com Credits
Once you’ve purchased these non refundable credits you have to bid now with a penny auction website every bid you make costs you a credit, remember that credits cost you money and credits are non refundable this is why you will hear many people comparing penny auctions websites to gambling.
As we know in an auction there can only be one winner that being said the bigger the penny auction site gets the more money it makes and the harder it becomes for people to actually win something. On side of this fact in the case of Wavee.com they make it clear that if you lose an auction you can still use the credits you lost with and apply it to the their actual price of the item.
As you can clearly see this is obviously how Wavve.com and other penny auction websites will make majority of their profits. Also the bigger Wavee.com gets the lower the chances for people to win something and the higher the amount of money Wavee.com makes.
Another thing i am noticing is complaints from people in the amount of $179. People are getting surprise charges on their credit cards in the amount of $179 this is what i am hear allot about. I can’t confirm this because i refuse to sign up for wavee.com but if this is the case i am advising the public to stay away. I write this posts mainly for education purposes i don’t lke people telling me what to do so i won’t tell you i just hope to educate you in to what you are getting yourself into.
Wavee.com a new model for Auction Websites?
Wavee.com and penny auction websites like it are definite new models business. I wouldn’t call it a scam but i personally would not get involved in it. The appeal is obvious we are currently in a recession and seeing the item you want for pennies would definitely make a person curious to try it out. When talking about online penny auctions its always been my fear that the game is rigged. either by a person or by the software. I am not in anyway accusing Wavee.com of doing this but it’s something i think about personally.
Another thing rarely discussed with penny auction websites like Wavee.com is how time consuming penny auction websites can be. If you ever get a chance listen to the stories of the average winners of penny auction sites. Many times these people spent entire days or weeks on the penny auction sites many times spending more money on buying credits losing than it took them to win. Most winners won’t tell their entire stories they will only tell you that they finally won. Again the bigger the penny auction website gets the more money the penny auction site makes.
If you want to sign up with Wavee.com don’t let me stop you just don’t say i didn’t warn you.
Please leave your comments or experiences with Wavee.com below it helps others
323 thoughts on “Wavee scam”
I bought a website from CoMergent six months ago and have been making very good money with it ever since. I have already made my sizeable investment back plus some. These guys are good!
Read the signup very well because it is misleading in the fact that you are purchasing a “pro user pack” for an initial non refundable cost $179.
It’s actually the misleading in the fact of purchasing a pack of credit for $179. There won’t be a confirm page to alert you that you will be charged. Also, I tried all my credits and won 1 item. The credit card got charge to that item but waiting for more than 10 days, still don’t see any process of that item to be shipped. Don’t be cheated into it.
Wavee.com is built on a solid foundation of deception. From the phony “Memphis Gazette” to the misleading sign in…no confirmation page before checkout. They REPLY on deception for their success. I wish they used their talents to positively serve others. How about some confidence in yourselves Wavee people?
Wavee got me for $179 today. I heard and read about it and there was even something on CNN I beleive, but when I signed up for it there was a promo code “wavee2010” to enter in a box while signing up that offered 100 extra credits for entering that promo code. After going thru the giving them my name, add., phone, credit card type/number, etc…..it immediately took me to a page to start bidding. Now, here I am on this auction site and not clue as to what to do. There is a whole list of information widgets on the left side of the page, but if you’ve never bid on anything in your life like me, than that’s really not going to help. There’s also s video explaining how Wavee works and how to get started.
Non the less, I feel like a complete idiot. Number 1, when I signed up the only thing thay asked for was my credit card info and the promo code. There was’nt anywhere on the sign up form to tell you that you can choose from a different amount of credits to purchase. I thought I was just giving them my credit card info for me to be charged for the bidding I would be doing. I did know that it cost 1 credit which cost .75 each time you click on “bid now”, but when I looked at my account and saw that I was charged $179 for something like 300 credits that I DID NOT ORDER, I was fuming. Apparently there must be different ways of signing up because there nothing to pick from when ordering them. I really hope they refund my money, but I won’t hold my breath. I’ll be contacting my credit card company and reporting that they commited a fraudulent, misleading adv.
They got me for the $179.00 as well. Contacting my bank to try and reverse the charges. Very deceptive practice by this company! Stay away!
Let’s look a little closer at this. Reputable web sites are ending up with the “memphisgazette” article link on their sites! First get your money back somehow from wavee, then beat the bejesus out of the REPUTABLE WEBSITES and their administrators that are allowing the ads for Wavee onto their sites! Stop the spread!
Wavee took me for 179 also devaluing my $.75 to one penny. When you see that something sold for $18.00 that is really $1350.00 worth of credits or bids. Great deceptive idea if I was them but sucks for us. Signed, Looser
I too was duped out of $179. What’s worse is the whole auction is a scam, not just how they sign you up (and surprisingly bill you).
They have many auctions that begin at the same time, if you scroll through them they are all at the same bidding price, even an hour in. That is impossible!!! There is no way each item is bid on at the same pace.
Good luck winning anything from this site. The same bidders are on every item driving up the prices (and bids) and I’m sure the eventual winners are all Wavee employed and the same items just end up for auction again.
DO NOT SIGN UP FOR THIS SCAM!!!
I totally got scammed into the $179 thing. This website is terrible and I doubt I’ll win anything. If I do it’s going to cost me the $179 non-refundable fee. Also they don’t have that many things for sale. They don’t have a confirmation of charge page so I didn’t know I was getting charged until 3 days after I went on their site. It’s lame and they are a horrible company who totally scams people!
I 2 got duped for $ 179, then call them and got a mail in refund request form ( PDF file ) filled out and sent it in by USPS ( this is the only way they proses fund ) and now i’m waiting to see what will happen.
Also report it them for the BBB ( not that it helps much )
If any of you read this and the above comments,and decide to sign up with Wavee, you on your own.
They got me too for the $179. Very deceiving in the way they charge you. They DO NOT give you a confirmation page. I sent several messages and am gonna try to call them today. I WILL be contacting my bank and informing them that this is misleading and a fradulent advertising. I WILL PREVAIL and get my money back one way or the other. Warn others of the website.
DO NOT SIGN UP FOR WAVEE.COM!!!!!!!!!!!!
They got me for $179 twice plus $75 three times! Beware! Wavee is a big rip off and they will steal your money without you knowing it. When you go to sign up at the site you are required to buy credits if you want to place a bid.
I tried to purchase $75.00 of credits and I kept getting an error that my CC info was wrong. There is nothing wrong with my CC, but just in case I went to my bank to see if there was a problem with my bank account.
Wavee charged me an unauthorized $179.00 plus for the $75 credits I tried to buy. My bank is handling the matter for me to get my money back. I sympathize with everyone here and know how you feel. I’m not done with Wavee yet.
Update: Everyone Please consider filing a complaint with the Federal Trade Commission for fraudulent practices here is the link https://www.ftccomplaintassistant.gov/. Admin please let everyone use this link to file a complaint if they wish.
Wavee customer service has contacted me about my complaint and said they are refunding all my money within 3-5 business days, we’ll see. don’t let em get away with it!
Up date : Takes them 1-2-days for the conformation # ( sending it by E-mail ) fill-out the form and mail-it by USPS. I got my card credited today for $ 179.. ,so after all they do refund your money.
I was shocked to have the charge on my account because I would not have signed up had it been clear that I was purchasing “non-refundable” credits. I tried calling them and they were with an “oh well” attitude. I will submit a complaint with the Federal Trade Commission. Thank you for the information.
I will like to thank everyone for their post because i was just about to sign up with them..but like unlucky times i had before over and over again i learned my lesson, so i said i will look for reviews first..and so glad i came to this site.wheeew although it is sad ppl hard earn money was taken from them with a switch and bate but pay back is a b%&^*..remember that.
I visited the site and did everything short of providing the credit card information to get started. I see a number of recent posts on this site. Perhaps these were reached through advertisement on Facebook? It keep showing up as a advertisement on my Facebook, so I labelled it offensive, although Misleading might have fit the cut better. Hope it shows up no more, and glad the information here is available. I feel bad for those who lost money to them. How does a site like this, once word gets out, keep going? I’m posting the link to this web page to Facebook, because I’m sure a lot of my friends are seeing the add as well.
I’m posting the link to this web page to Facebook. Wavee ads have been all over my Facebook page, and I did everything there but provide the essential data (credit card number) to get started. If it looks too good to be true, it probably is.
Their site is designed so that there is an elevated chance that one could overlook the fact that he or she has to pay. It is masterfully crafted so that a person’s eye moves past the posted pay notice and straight to the data entry portion of the form. They got me for $179.00, too. When I realized it (5 minutes later) I called and they proudly stated that the money was NON-REFUNDABLE and said “happy bidding”. Ugh…
So, what’s my story? I got my money back. 🙂
Evidently their marketing department gets queasy when you calmly threaten bad press. Since they relied so heavily on advertising through television shows and news channels, they don’t want the same outlets to start covering their company with bad press… at least that’s my theory. Think about how a news organizations love to report bad news about something they have hyped in the past… Anyways, here’s a number for their marketing department: 404-477-2524
I too was decieved for $179.00 but after fighting back and mailing refund form got my money after 5 days. Has some one thought of calling FBI about interstate bank and mail fraud?
Would someone mind emailing me the form for refund? I am having a hard time getting them to send it to me. Yes I was duped out of $179 as well 🙁
Jen – how do I send you refund form via email.
Thanx for the info!! Don’t worry, I won’t go to Wavee!!!!!
It’s sounds like a casino, you go in and see pictures on the wall of people that won big jackpots. Well it’s true those people did win a lot of money but how much did they lose? So when someone says they got that new plasma tv for $67.00 that may be true but how many credits did they spend?
Thanks guys for the heads up. I almost signed up! Good thing that with today’s technology, people can become informed if they do a little research. It’s too bad everyday people are getting ripped off while these kind of sites get rich. As the saying goes “if it sounds to good to be true, it’s probably not”
me too ! before i knew it i had purchased the $179 ‘pro pack’ with 300 credits…whoa ! contacted them & they said they would reduce the fee by half & still give me the 300 credits…then i found this site & immediately called my credit card co & had the WHOLE thing cancelled ! do that right away everyone & run for cover !
Surprise, surprise the mail-in rebate form was completed and sent via certified mail, the letter came back undeliverable. I did get my refund and now have cancelled my credit card since Wavee keeps the number.
The mail was sent to: Wavee US, LLC 75 5th. Street NW. Atlanta, GA 30308.
I too was sucked in to this after seeing a link on CNN or HLN site. I’m calling my bank today. Thanks for the link for the FTC. It only took like 5 minutes to do. Wavee support gave me the “oh well” attitude and I tried to cancel 5 minutes after signing up.
I too was upset and felt scammed so I contacted customer support. I initially dealt with someone online and they agreed to refund me half of the $179. After further review (and reading up) I determined that I needed to pursue this further. After speaking with a representative I feel fully satified with the support I have been given. I also believe in reporting the positive as well as the negative. If you review many of these posts you will see that a large number of the complaints were resolved by customer support. Before your do anything drastic give them a chance to respond. BTW, I am not an employee of this company not affilated with them. I am just a consumer who believes in reporting the good as well as the bad.
I was cheated the same way. I wish I read this review first. I signed up and my card was charge $179 the same day w/o my authoriztion. I don’t recall having the option to purchase credits in the registration form. I called to get my card refunded and they offered the 50% discount which I stupidly accepted. I decided to try the website anyway and relized that it is complete B.S. It is almost impossible to win an auction unless you are willing to spend the whole day bidding on one item which would wind up costing you the price of the item or more anyway. Evem if you get lucky and win something for a cheap price, remember that they charged you 75cents per creit you used to bid only 1cent on the item. With so many people thinking that they are spending pennies at a time, they are making much more money. The only auctions you may have a chance in winning are the items that no one wants. Don’t expect to get a lcd tv or a $500 camera for cheap. Its also interesting that the same people are bidding on practically every item at the exact same time. If you click through the items, you will notice that and that each item is at the exact same bid price as well. The only difference with each item is the buy now price. I used up the credits but I still want my money back because this website is basically stealing money from people.
Wavee got me for $179.00 too! Before I knew it, I had signed up for $179.00 in credits. They refused to give me a refund. It’s a close to a SCAM as I have ever experienced!
I clicked through Facebook and the Wavee link I saw just had a spot for name address, cc info. There were next arrows for completing the sign up process, but there was nothing more about the fact that you would be charged upon sign up, not the $179 amount. When I caught this I called in to their customer service line and after speaking with two people, the manager agreed to a partial refund and let the credits remain in my acct. They directed me to a different URL, one that did have a (small) disclaimer on it, but I am 100% certain this is NOT the one you see while following the breadcrumbs from FB. So I took a loss, but glass half full, it was less of a loss than initially. It took much longer than they promised, but a credit was put back into my checking acct.
LESSON ONE: I rarely give my information out, but somehow I was fooled into thinking this was legit. No more. I can’t afford surprise charges.
Then I started bidding. Supposedly once the auction is less than 20 seconds and you win the auction, you can get fairly expensive items for relatively cheap. Well, there’s two things I’ve noticed: If it appears that time has run out, the timer reads “processing” and then magically “someone” else has outbid you. Really. There was no time on the clock and I was the “winning” bidder, yet there was time for someone else to click in five seconds after bidding ended? Not buying it.
Second, if each credit is worth $0.75, and you get in a bidding war with a couple other “bidders” that brings it up to a “fantastic” price of, say, $2, at one-cent increase per bid, you just bid 60 times or more. 60 x $0.75 = $45. Even if the winning bidder gets to claim the item, they really just paid $47 ($45 + winning bid of $2). If the bid was for a $25 gift card or a similarly low-priced item, they just got ripped off.
LESSON TWO: Do the math.
These penny auction folks are getting rich. STAY AWAY
Too late for me 🙁 Thanks for getting the word out. I wish I had known.. I have tried calling customer service and to no avail. I thought I was signing up for an account. Turns out I unknowingly signed up for $70.00 worth of credits that are NON REFUNDABLE. It’s not worth it!
Just signed up to Wavee.com to see what it was all about. Upon signing up you go through the obvious of creating a username/password, then go to the shipping address for your bought items, along with your credit card info. Upon clicking “next” I noticed I had 120 credits and was ONLY aware of getting 5 free when you signed up. Got to looking around and saw there was a $75 charge on my account info for 120 credits. I did not see anywhere on the site during signup that this was gonna be charged to my card. It seems the customer support is a scam as well. Not being able to get a hold of anyone. So I guess I will make a trip to my bank first thing in the morning to get the charges dropped and to order a new card. This card is getting cut because there is no way to actualy cancel your account where all your info is stored ie credit card, address, phone, etc so I am just junking out the card and they can take the cahrge right up their arse.
O.K. I read all these posts about the Wavee scam. I currently bid on that auction site. Before I began bidding I spent a week reviewing every page on the Wavee site. Once satisfied, I paid 48.00 for an 80 bid package and 48.00 was billed to my credit card. I then immediately began bidding for Bid Packages of 15 Bids each and won those auctions for between .02 and .06 cents. That means I picked 60 bids for literally pennies. So if you are paying full price for bids, you are not very educated about how to work the system. I am not affiliated with this auction site in any way except that I participate in the auctions. I won an 160 GB Ipod Classic for 11.73 on Friday Oct. 30. I have not received said Ipod as of yet, but I am going to allow 14 days before I start getting concerned. We’ll see if it is a scam or not.
lmao 7offbeat. They just got $879.75 for the Ipod. Not sure how many times you bid on that item, but at the rate of $0.75 per credit = 1 credit per $0.01 of that item….lmao thats how they make their money. For every $1 of the price, they are getting $75 dollars. That is why it is called a casino site. The house always wins everyday…period. They put the blindfold on people and MAKE them think they are getting the item for only $11.73. But in all actuality they are getting far more than what it is worth at any other retail store. Plus you have the scam during signup that makes you think is storing you credit card info fpr purchases, when in all actuality you are purchasing some random offer they have on the column on the left side. Looks like just another ad on the site, but upon clicking “next” you will get an email of your purchase you just made. It is a complete scam. If you want a good deal, go to Newegg.com, Target.com, etc no scams, no blindfolds, just an everyday low price with actual people you can talk to in the event something goes wrong. And about that ipod, 160GB $249 at ANY given retailer. So ya see, they can sell 1 of these and buy many more because of the blindfold they are putting on people’s faces. Stay away from this site, it is a scam from 1 thing to the next. If you can’t simply register at a site without getting scammed, how good do you actually think the site is?? lmao
BoSaBearer – I realize that this ipod did not mearly cost me 11.73. It cost 48.00 dollars for the 80 bid package. I used 31 bids to win that auction. If you do the math the cost of my bids for that particular auction was 18.60, meaning my total cost for said Ipod was 30.33. With that in mind, I had a bunch of bids left over to participate in other auctions (please refer to previous post for more detail). Moments ago I got off the phone with customer service, and they said that my item will most likely ship on Monday the 8th. I am personally satisfied with their service. Players in this so-called casino need to do their research before jumping in the game. Being prepared leads to a measure of good luck.
7offbeat I used 31 bids to win that auction. If you do the math the cost of my bids for that particular auction was 18.60. Yeah I did the math and 31 bids equals $23.25 NOT $18.60 My calculator seems to be working. It is very simple, credits are $0.75 each each credit is equal to $0.01 of the purchase price. So if an item sell for lets say $10.00 (to make it easy for ya) they actualy got paid $75.00 for that item. Yes you might have only bid once or twice, but with everyone elses bids they have made the price go 5 times more than most other places. Like I said before about the Ipod you purchased. That item sells for $249 and any given site. You said you won the bid for $11.73. OK that is 1,173 pennies and/or credits—–credits are 75 cents each and if you punch in 1,173 X .75 on your calculator you get the magic number of $879.75. Which is the amount of money they got from every person that placed a bid on that item. So you see, they are making a killing off of peeps like you. Thats why they are called casino sites, the house wins everyday. They only way the ipod would have been a deal is if it sold for the amount of $2.49 (249 pennies/credits) that is equal to $249.00 on the normal market. So you see…that got a blindfold on you as well. Even though you did not make every one of those bids, you still got screwed…lmao
BoSsBeaner – Yes, the company is getting rich (and I don’t blame them. its a simple idea, that they get tons of money on each of the auctions.) however, 7offbeat is also correct in that he got a great deal. I have personally put $73.56 (i keep track) into Wavee. This includes an initial $40 “credit pack.” after the $40 initial investment, I have won 2 tomtom GPS’s, worth over $120 each. And I have 180 credits in my account. Thats $135 worth of credit (my calculator works too). You just have to know how to work the system.
I got .60 cent deal when I bought. Terms have changed since then. I don’t appreciate the condescension. Believe what you want, I’m having fun.
So, I got to thinking last night . . . I wanted to see if I could leave an auction up all night and wake up in the morning and see if it was still going. However, when I woke up this morning, the auction on MACBOOK that I was watching watching had ended and it sold for 49.08. I thought wow, if only I would have drank a JOLT at 1230, I could have lasted. Then I went and looked at all the other auctions that were connected to the MACBOOK. And what do you know . . . (note sarcasm) they all went for 49.08 and were sold to the SAME user. Of course, this raised some red flags for one particular reason: I was told earlier in the day that I could no longer bid on items with a MSRP of less than $500. I won 5 items yesterday, however, those “items” were just more bids. If you look at the rules, they limit you to no more than 2 of those big ticket items, too. So, I guess Eagle74 somehow figured out a way to beat the system or this whole thing is a scam . . . I think the later.
If you have seen the movie, “Boiler Room,” this is nothing different. In the movie they sell shares of stock in companies that don’t exist (if I am a little off, I apologize, but that’s pretty much the preface). All wavee is doing is selling bids for us to bid on items that don’t even exist! Perhaps some of the smaller ticket items actually do exist, but I doubt that, even. They keep you coming back to bid by allowing you to win more bids. Eventually, however, you’re going to have to buy a bundle of bids to stay in it.
THIS IS 100% A SCAM. I plan on calling them and getting some money back, unless, like in the movie, they have already emptied their offices and moved on to another location . . .
I went to their website but did not sign up because of the $179 fee. I did not think it was misleading, they tell you that they are going to charge you then ask for your credit card info.
Why is it everyone come here only after they have been ripped off and not before. Seems to me they could have saved $179.
Yes, it’s fraud and very misleading. You are paying $0.75 for a penny. Do the math! So a dollar bid actually cost you $75.00. So when I iPad goes for $15 credit, it is actually $15 x $75 = $1,125. So you are all being ripped off when you could actually buy it for $499.
Do the math!
THANK YOU ALL. I almost got sucked into the scam then decided to do some last minuet research on the site. You ppl saved me $179 and i hope you all file complaint with the Federal Trade Commission for fraudulent practices like Andy said. Make sure they cant do this to anyone else.
thanks for the info. i was tryinh to sign up but they said it was something wrong with my credit card. thank goodness because i did a lil more searching about this company and came accross this website. i also saw that the same people were bidding on everything except the really low end things.
I’ve been checking the internet about this site and have gotten mixed results. In theory it’s a good idea and for a few, very few, people it”s a great deal. I do believe that Wavee is either using bots or people to drive up the prices. While I was watching there was the same person bidding on 6 different items at the same time. And on quite a few of the auctions this person always seemed to bid it up just as it was about to close in like ! second. Secondly, I saw one auction where the bidding timer went to 0 and a couple seconds later started again. So the person won the auction but actually had to start over again because of that. That smells fishy to me. I’d really like to join an auction like this but the price you have to pay seventy five cents per bid, can really add up. And the way auctions were going and timers acting funny, I think something isn’t right here. I may be wrong. But like someone above said, don’t say I didn’t warn you.
Thank you for writing the same things I saw. I didn’t read your comment before I made mine so in no way was I copying yours. You witnessed the exact same thing I did. I hope people do research on this website or others that tell them what we’ve witnessed and our opinions on this website.
A couple websites praised Wavee. Ha, I used an IP tracker and was able to track it back to the parent company/owner of Wavee. So they’re placing their own praises on their website. That’s a real red flag right there.
So people, feel free to send in your $179 and I wish you luck. But beware.
Thanks for posting. I had not heard of this scam before and thanks to you, I’ve been warned off.
Something was wrong with my credit card too – I was glad – few days later they charged me $179 SCAMERS!!!!!!! how was that possible when the transaction did’nt go thru?
thanksI signed up gave them mycard, than read this. I WILL NOT LOG IN OR BID, will they charge me any way?
they might so I recommend that you contact them immediately!
I got pulled into Wavee after watching a TV Newscast saying it works ! I was also surprised by the $179.00 cost !! Now my problem is that I forgot my UN & PW and cannot get them to respond. I get the message that an email was sent to me with instructions on how to change my PW etc., but the message has not been sent to this day. They now have my money and I cannot even bid if I want to. They need to be turned in or a Class Action Law Suit needs to be done.
Yes, it is a total scam.
Two ways you can tell: For every item that is sold, while the winner may get a great deal, the aggregate total of the losers is 10-20 TIMES the original price. They make 76 cents for every bid. If the end price is $10.00 (which is 1,000 bids), they make $760! And this would be for an item that might cost about $50.
Also, there seem to be several “bot” users that basically sit on auctions and keep bidding and bidding. This drives the price up, and keeps other people bidding. You will note that these bots can bid well above the actual cost of the time, when you take into account the cost of the credits.
Finally, they have “beginner auctions” where you are only supposed to be able to bid if you’ve won less than 3 times. You can still bid on these no matter how many you’ve won.
Thanks! I almost subscribed to wavee but after reading this I am going to stay away!
thanks!!! I almost subscribed too I will stay away thanks!!!
I did subscribe. I was charged 179.00. Gave up on the bid and ordered the item. It has been 14 business days since the order. Site still shows the order is “processing”. They have my money, nearly 600.00, and I have nothing yet. They claim the item should ship within 3 weeks. My advice to everyone is stay away. Wish I had seen this site before I signed up.
Stay away from it! Although it may be a legitimate site, they suck away your money ($75 for me) pretty quickly. It’s too ironic that the same “bidder” outbids you at the last second each time. How many credits do these “bidders” have anyway? Seems limitless in my experience!
i joined last nite. I better only get charged the $75 that it said i would. It was ridiculous. I am ashamed of myself. I stayed up all night bidding on items and fell asleep a couple of times and lost the most important ones, to me anyway. I ended on getting a $25 starbucks coffee gift card and paid $75.18 for it. Is that ridiculous or what? Don’t do it guys, you may get something but it if it sounds too good to be true then it usually is. Just have to wait and c what they charge me. I hope they don”t overcharge me because I am on a limited income and a single mother of 2. But it is my fault, i have never done ne thing like that before and believe you me i will never do it again.
I only desired look at this site, Wavee. I guess they do not want lookers. From what I saw as bids in and bids ?won? the amounts looked pretty reasonable. However, I was advised against this site by another and Google came up with “scam” as the second listing. From reading these posts, my advice to number one poster, Rodney, is to change your credit card number with your card company. Just call them and request an account number change. Perhaps if the credit card companies have enough problems with customers about these rip-off sites, something will be done about them by the card company owners.
Could you plz tell me specifically how you get your money back?
I really need your help.
I just signed up on wavee and found 116 credits had been charbed to my account…crap..
thanks for the heads up….i was about to give my card info then thought i better look up to see if it is a scam. after reading this i am in no way going near this sight.
Call customer service 404-477-2527 ask for full refund. they will talk you down to 50% but be polite and ask full refund. If this will not work tell them you will call FBI (for interstate money fraud) also FTC + many blogs. Hope this works for you.
Once you have refund cancel credit card.
Thanks for the heads up. This seems like a scam. Especially when I tried to get out of the website for wavee. I couldn’t page back, I was continually redirected to the wavee website. What a crock!
Well… it is not a scam, because I won a gift card few weeks ago and I won by paying less than $1. It is like gambling though, but you don’t call gambling a scam, right?
BUT it is not something for everyone. You needa have strategy, esp if you are new, I suggest you to read and understand how it works AND don’t expect you will win an iPad for $20 in your 1st try. I suggest you to try those smaller value auctions and don’t bid at peak hours.
They brag about their patent pending software…Well what a piece of crap.Sometimes i sign in 3 or 4 times in a row before it will keep me logged on. When you back up a page after doing a search for items it takes you back to main page and you have to type in your search all over again. Other times if you are bidding the page will just freeze up and then you have to re-log on again. It tells me i am watching an item ALWAYS when actually i am not. It will not remember my log in info or will it remember my payment and shipping info even after multiple check marks in the remember me in box..Also you have to pay for each win one at a time. Since it won’t remember your info you have to type in everything over and over to pay for 10 cents worth of purchases. I won a bundle of credits and it does not show up in my little flag keeper at the top of the page. But mostly what throws up a red flag to me is i just today randomly picked 30 or 40 different items and ALL these items had some if not all the same bidders bidding on the same item…Is that coincidence, some sort of conspiracy, SCAM???? Why would someone waist so many credits on so many items knowing they can only win 5 to 7 of those items in a 7 day period. Also, they disclose everything you can think of in their terms and agreement page but carefully left out the buying limit clause and hid it up on a little flag icon that nobody even notices until you find out you can not bid any more and then a “FLASH” message pops up on your screen so fast you can not even read it. I am almost inclined to beleive that maybe the items you are bidding on DO NOT EVEN EXIST.. THINK ABOUT IT…what if WAVEE has in-house bidders with these fictious names always winning after you and i spent all our credits thinking we were bidding against legitimate bidders only to find out the items never really get sent to anyone…There are TOO many things that smell bad about WAVEE’s website and their business practices…I would think a class action lawsuit is in order…If it smells like a duck, walks like a duck, and quacks like a duck then it is a DUCK…thats my disgusted feeling about WAVEE…
I don’t know what you’re talking about man. Think about the casino, people DO spend that much MONEY and TIME gambling. And you don’t call the house playing tricks if they win 3 times in a row. No man! That’s just how gambling works, you don’t win every time. I think you are just bitter because you didn’t win.
Last week I got logged out few times by Wavee, but it never happened to me before. Not sure why, probably too much traffic on the site. I won a few times, no problem at all. My girlfriend loved it when I got her a Macy’s $25giftcard (it costs me $2.75).
@Candice: /[Y]ou don’t call gambling a scam, right?/
Actually, Yes, Yes I do call gambling a scam. And stock market speculation too … and those machines where you have to pick the bear up with a claw …. Experience and a keen understanding of probability should point this fact out to anyone (however, most folks who are into gambling DO NOT have knowledge of probablity, else they wouldn’t gamble).
There are a few categories of people who are consistently good at gambling and would possibly not feel that gambling is a scam … let’s look at who those folks would be …
1) THE WELL-OFF – Some folks do gamble for “FUN” as opposed to “lets win a jackpot and get rich” … but, you see, these folks are already well off. Oh, they don’t consider themselves “rich” because they can’t afford a yaht OR buy off a politician … but they have a boat, 2 luxury cars and a nice truck, and a gorgeous 4 bedroom house … Well, let me not rant here, suffice it to say if you can blow $400 on dinner and think nothing of it, then gambling on a penny auction site and losing/spending 9 times the amount of the item has a different meaning than to one’s pocketbook than somebody who works 2 jobs and can barely manage to pay $1000 or so per month in bills.. (the working poor).
2) THE LUCKY – People who are naturally “lucky”, always seem to have good luck in whatever they do. Gambling for them is no exception … these people unexeplainedly (they can’t even explain it) seem to beat the odds.
3) THOSE WITH A SYSTEM – Not some superstitions system, a system based on probability and mathematical permutations … like the blackjack card-counters from MIT who consistently won in casinos, until they got caught.
4) PSYCHICS & TIMETRAVELERS – Even better than card counting. If you know with %100 certainty what is going to happen, then you can bet much more confidently and theoretically win huge jackpots, more and more often
For everyone else, gambling is just that … high risk, 90 to %100 chance of losing every time. In this case, with the penny auctions sites as described by victims … er, I mean members … It seems even less likely to pay off than traditional gambling venues.
@Tom: You make some great points! /what if WAVEE has in-house bidders with these fictious names always winning after you and i spent all our credits thinking we were bidding against legitimate bidders/
This is called “SHILL BIDDING” … Ebay (I don’t endorse Ebay either, btw, because most things can be found on craigslist much closer and less expensive, without shipping charges) gives a good clear definition of what this is:
“Shill bidding happens when anyone bids on an item in order to artificially increase its price or desirability. Shill bidding also happens when someone a seller knows bids on the seller’s item. This includes family members, friends (including online friends), roommates, or employees.”
One category of shill bidder that Ebay conveniently left out is Shill Bidding by a robot program, or “Bot” (as you alluded to earlier). Ebay strongly discourages shill bidding by others, but their software includes a bot that automatically bids on and item to artificially raise the price and encourage higher bids from legitimate bidders, … which IS indeed Shill Bidding, no matter how you try to legitimize it …
It is therefore conceivable that penny-auction sites may be implementing the same shill/autobidding techniques that ebay does.
BTW: Thanks for, (even though you are justifiably frustrated and upset), taking the time to explain in detail your experience with this site. Your testimonial, along with the others on this review site has kept me from signing up for what, if not “technically” a scam, is certainly a losing proposition for those trying to spend a little and get a great bargain.
This is CRAZY smart. i just figured a $125.00 tv @.75 per credit(bid), that’s $$$ 9,375.00 plus .01 cents per bid> is this true? am I wrong ? wow i don’t think its a scam but it is very clever. you can spend a lot of credits on the bids at .75 each
OK , here is my plan. no one bids higher than .50 cents , and wait for the next item if you didn’t win, the first one to .50 cents gets the bid. customer controlled that’s 37.50 for that $9,000 TV. or keep bidding till it gets to $300.00 and they will have made over $22,000 for a flat screen TV. im gunna buy stock , if everyone keeps bidding on this stuff 🙂 crazy
@Kristobaldude: what you are saying is way too extreme and is getting irrational.
@Jimnycrickit: it is a smart business model.
I won and I got what I wanted, therefore it is not a scam. If you don’t study how the auction runs, and just jump right into bidding, you are definitely not going to win; and yes, you’ll waste your money. I bid and trade for living after I got laid off last year. I am a full time eBay trader and I actively participate in many penny auction sites, including Wavee. Professional bidders like me bid with strategy and bid aggressively.
You don’t have to agree with the idea of penny auctions or gambling, but you don’t have to sabotage others with irrational languages.
I informed the FbI about wavee with thier ph number, address in atlanta,ga and was informed by the FBI uuntil they recieve enough complants they will take no action in other words if you dont rob enough banks, no action will be taken!!this is rediculious!!!I have been taken for 75.00 have bid on nothing have bought nothing!!!!! this is a SHAM, Wavee, i welcome your suit against for what I have just said if you fill defamed, please take me to court!!! Please!!!
Thank you all for revealing the deceitful business practices of this site. It looked awesome at a glance but I too was thinking that it must all be too good to be true. I’m running away like a fugitive, thanks all for sharing your experiences!
i subscribed into wavee…….but after reading dis i’m going to stay away…..i dint give my credit card details……so i’m not hurt in any way , right??
Wavee is NOT A SCAM, because I won 4 times and I resold the stuff and made some cash! THANK YOU WAVEE.
You might want to stay away from Wavee so I EARN MORE CASH!
Wavee is NOT a scam. I won four times and resold the stuff for some good cash! THANK YOU WAVEE!
You people might want to stay away so I can earn more cash!
Wavee is NOT a scam! I won 4 times and I resold the stuff on craiglist for some cash! THANK YOU WAVEE!
For the record JonasG and GregGG either seem to be sharing the same computer the same internet connection or they are the same person…
I called customer service to request for a $179 refund, but it wasn’t successful 🙁 Well, it was my fault for not reading carefully… so I called again and they gave me 25 free credits… I called credit card company, but it still didn’t work. By that time Wavee added the 25 credits on my account already, so I ended up having 375 credits, I just had to use them…-.-”
I was so confused at first because I saw the same bidders in all auctions, but then later I realized it was just 1 auction with different winning item for you to choose. So some people choose camera, some people choose something else in the same price point, but essentially you are bidding in the same auction. At the end if you win you will get the one you chose. How do I know? I actually won a camera last week that ended at 3am… I know I know. I’m one of those college kids who always stay up late!….ha!
I mean, it sucks that I couldn’t refund, but I mean it’s a good lesson for me! Read carefully before you enter your credit card info at any place!
Yes, because somehow the page didn’t show my comments! So I had to keep re-typing.
lol JonasG/GregGG you’re a funny guy
man if it look like a duck then it;s a duck damm it ? what a Scam or Ham
wow what a bunch of %%%%% wow
Item sells on Amazon for less than: $400
Same causes a total cost of over $3,000 (people still bidding)
Item sells on Amazon for less than: $90
Same item causes a total cost of over: $300 (people still bidding)
All Wavee.com, quibids.com, bidcactus.com or other bid auctions has to do
Have a price per bid
Have a “non affiliated” third party bid on the site till a certain condition in price is reached (non affiliated so they don’t break serious laws)
and market the Hype, and market it well.
I’m guessing that even if you are the only real person interested in the product, there will be bids coming but from a third party.
Wait a minute, I did win an iPod Shuffle and spent a total of maybe $8 ($4 of the closing price + 5-6 bids)
I just signed up today knowing that I would be charged $75 for 120 credits.
After entering in my cc info I was directed to another page stating that there was an error with cc (either address or code on back of card).
I tried two more times and still had the same result.
I just checked my bank statement and yes I was charged $75 (3) times.
I went back to wavee and have no credits available.
I am a little worried as it is Sunday and my bank is closed along with customer service at wavee.
I also signed up at Wavee and boy do I feel taken in. They have overcharged me and I could have bought two of the items I was bidding on. I am getting ready to call my bank right now. I did win a few little items in the very beginning, which I believe they know what they are doing to sucker you in. I won two additional 10 bids, a gas card, another 25 dollar card and a photo smart printer, still have not received but only the one item. I would advise people to go back to Ebay or other auction sites that are honest. If it’s to good to be true, it probably isn’t true.
Why complain if you’ve won so many times? When did you win? I normally receive my stuff within 3 weeks. If it’s been 3 weeks, have you at least try contacting customer service?
Yes Wavee is slimy. The sign up procedure does not clearly state that the $75 is charge to the credit card upon registering. They make the Starter Pack appear as a package you may wish to consider. Of course if you read the fine print in the Terms of service then you see the truth. A slimy marketing practice.
I used there online support form to submit a complaint and guess what? The form doesn’t work.
I get on the phone to call them and I have been on hold for 40 minutes so far.
The phone message also directs to a page where a I can chat live to a agent. This page only has the support form that does not work.
Again, Wavee is slimy. i wish I had found this site before Wavee found me.
don’t try the 404-477-2527 customer support line. after being on hold at the 800 number list on the wavee website I called this local number. I found it in a post above. Well the local number rings and rings then disconnects you.
I contacted the Better Business Bureau and filed a complaint. I did so because I have been on hold for over 1 1/2 hours and Wavee customer support will not pick up.
The BBB has listed other phone lines and I tried them all. No answer.
This is a company you don’t want to do business with.
Their BBB rating is a D+. There are a whole lot of complaints for a company with only 6 employees.
WHAT A SCAM ! 🙁
It’s not a scam. I won more than 50+ and most of them are resold in Ebay. Wavee is very slow delivery of your winning item and horrible customer service. But, it’s not a scam. You can see and find lots of winning bidders from “Ended Auction” on main page. If you jump on bidding at first, it’s hard to win. And, don’t bid on $150+ items. It’s recently going to be crazy and I don’t expect when the bid is stopped. So, “PLEASE, MONITORING wavee for couple of days before first trial and TRY to Bid at small items excluding ” $25 Gift card”.” After you used to, you can try on expensive item.
One more input. Try to bid on “5,10 or 15 Credit bid” and increase # of your bids before trial. After midnight (especially 2AM to 4AM CT), it’s much easier to win for small item and Credit bid. $200+ item is always hot and tough to win. Good luck
Hello, I am also having difficulty reaching wavee.com to get a refund that was accessed to my account of $75. I did not bid or agree to a fee. I am interesed in joining a class action suit as well. Anyone have information to begin that process?
Only 6 employees? I’m impressed, actually. It explains why customer service is slow.
I suggest you to call later in the day. I called them last Monday morning and the wait time was ridiculous. So I called again on Thursday afternoon around 3 pm, the wait time was 15 minutes, which is not too bad.
I called to check on my shipment and found out that it has been shipped.
So I mean they are slow, but I can see why now! 6 people? That’s about right. Not a scam, just slow…
See post above. Yep, it’s a scam. Been trying to get my order ( almost 600.00) since Oct. 26. Still shows as “processing”. Left message online twice to find out where package is, got email twice that simply said my order is “processing” and I will be notified when it ships. Called customer service twice and was told they would have shipping dept email me tracking number. Still no response from shipping dept. Site still shows “processing”.
I called customer service today and asked for refund. After customer service lady happily agreeed to refund, she also informed me I will have to wait at least 5 to 7 business days for refund to be “processed”. I am in tears over this, these people are nothing but thieves. I can only pray I get my money back, but I’m not holding my breath.
I knew I was taking some chance but did not expect this. I thought the price of the item was more than fair, but they just don’t seem to have what they are selling. I suppose people are bidding just on a picture.
I think eveyone who has been scammed by Wavee should report them to the FBI and the Better Business Bureau, I did. This company is defauding people. I never read anything about a $75 fee.
Grace, if you could have waited for another week, you would probably be able to receive it. Because my laptop arrived probably 1 month after I won the auction. Maybe you’ve canceled the order by now, oh well.
Anyway, Wavee used to be pretty good, but now it got much slower. I got used to it, so it’s fine to me that it’s slow. I just don’t do last minute shopping there, you know.
I signed up for it and used my 5 free bids i recieved. it was cool, i guess. As far as the 179$ i keep reading about, thats your fault for entering your credit card without knowing why your entering it. i have checked my bank account and also called to have this confirmed with a real bank person, i was never charged anything from Wavee.com. and thats b/c i never gave them my credit card info.
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