Most consumers are familiar with online auctions – consumers bid up the price of an item until a timer expires. The high bidder at the end of the auction wins the item at the winning bid price. However, another form on online auctions, Internet penny auctions, have expanded at a drastic pace in recent years. While some of these sites are technically legitimate and legal, many of their business practices are questionable, and NCL is warning consumers to avoid them altogether.
Spring is officially here! But with temperatures across the country still in winter-like digits, what better reason to look forward to spring break escapes! Still recovering from the Great Recession and feeling the pinch of the ever-increasing cost of higher education, many students will be looking for deals as they make their spring break travel plans.
Just before midnight George got a call. "I was told it was the Microsoft Corporation," George said. "They said there was a problem with my computer but they would fix the problem for free and would install an antivirus to protect against future attacks for $99." George went to bed uneasy, not sure if the supposed Microsoft employee was legitimate or a fraudster.