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''Summer Bankruptcy Sale''

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  • 30-07-2011 2:00pm
    #1
    J. Marston
    Registered Users Posts: 23,161 ✭✭✭✭


    I'm not advertising! There's one of these on in Youghal tomorrow and I just want to know are they legit or what? On the flyer it says a couple of things; ''Ex-catalougue stock, direct form the UK'' and ''Terms: cash payments or cheque with bankers card''.

    Also, the prices look a bit surprising (€300 for a 50 inch TV). So, has anyone been to one of these? Are they scam artists?


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    #2
    aoshea83
    Registered Users Posts: 585 ✭✭✭aoshea83


    DONT. GO. NEAR. IT

    These are total scams.

    Also known as a 'liquidation Sale' or 'Ex Display Stock Sale'.

    You usually get a flyer in the door showing pictures of items at great prices, When you get to this 'auction' 95% of the items on the flyer aren't there, when you get there you're never allowed see the items on offer untill everybody is left in together. Usually there is a long table up the front with loads of gear on it, the 'auctioneer' is behind this.

    Add to that there are stooges in the audience, they'll nab any good gear there or at the very least drive up bidding.

    The 'auctioneer' will also do 'rolling' auctions, this is where you buy into maybe 4 small auctions before you're allowed to bid in the big auction, usually these small auctions are blind, you don't know what youre bidding on:

    'Next up we have a suprise item, only 5euro, it's a lovely bottle of expesive aftershave, if you want to be in the main auction you have to bid for this item, we have plenty, it's a deal, 5euro for a bottle of aftershave...'

    The suprise aftershave will be an expensive bottle of Kalven Clean, that's not a spelling mistake by the way.

    These are Scams, but they're in a very Grey area law wise

    On another note, if you want to see how impressive and skilled a scam artist can be go along, stand at the back and observe the magic!


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    #3
    J. Marston
    Registered Users Posts: 23,161 ✭✭✭✭J. Marston


    It does say at the top of the leaflet that ''this is not an auction'' but cheers for the advice, I think I'll give it a miss if it's anything like you say it is.


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    #4
    Shellygoose
    Registered Users Posts: 155 ✭✭Shellygoose


    If you do decide to purchase, its buyer-beware, no option really to seek refund, replacementing etc so just be careful on what u r buying


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    #5
    aoshea83
    Registered Users Posts: 585 ✭✭✭aoshea83


    J. Marston wrote: »
    It does say at the top of the leaflet that ''this is not an auction'' but cheers for the advice, I think I'll give it a miss if it's anything like you say it is.

    Go just to watch, if there's no entrance charge. it really is impressive to see these guys work


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    #6
    J. Marston
    Registered Users Posts: 23,161 ✭✭✭✭J. Marston


    Yeah, it says free-entry. I might go down for the laugh.


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    #7
    aoshea83
    Registered Users Posts: 585 ✭✭✭aoshea83


    J. Marston wrote: »
    Yeah, it says free-entry. I might go down for the laugh.

    Just leave your wallet at home, these guys are silver tongued :D


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