Bidspotter.com?

Sparky33_2

Has anyone encountered a company called Bidspotter.com, an on-line auctioneer?

I received, through the post, a flyer informing me of a liquidation sale. The lots are very pertinent to my business, and the starting prices are attractive. The auction in question is of serious interest to me, though there is the potential for me to spend a serious amount of money, and the bidding ends in a couple of days.

Now, to bid on anything, you must register name, address, and submit your credit card details, security code and all. Perhaps I'm a little over-cautious, but I definitely feel uneasy about this, is it the norm for on-line auctioneers? I'd have no problem with them requiring proof of my identity (even though they targetted me by name in the first place), then happily giving my credit card details after I had bid and won an item, but to throw all that info into the ether on the off-chance doesn't fill me with glee.

So, am I just being over-cautious, is it standard practice, has anyone heard of Bidspotter.com (nice flashy website and all)? If I submit that info, then find out half an hour later that Mr X in Lagos has just max'ed out my card, am I protected?
I would certainly rather go to an auction, look the auctioneer in the eye, pay cash and walk off with the goods, but this auction has definitely got me hooked. Am I ripe to be reeled in and clubbed?

Any comments welcomed, thanks in advance.

soolin

If you do a google groups search it returns some very worrying reports. It appears to be a seller running his auctions via a third party name on ebay..so you pay a deposit in case you win his ebay auction.

Naughty...

Not with a bargepole