Online penny auction + young person with credit card surely equals a maxed out credit card.
A guy at work was bidding (he happens to be an elitist liberal as well). I had to explain to him how easily he was being scammed...seems like every time he put in a bid, somebody else almost instantly bid against him...and there were dozens of ‘auctions’ going on at once, on this obscure website. Maybe, just maybe, he was the only human involved in the bidding...you think?
I have heard of online gambling sites that will put two or more ‘autobot’ players at a table. They play in unison to fleece the real players.
Doing anything online, there is never anyway to know what’s real and what is a setup.