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Wavee Shut Down, What Happened To Atlanta Based Penny Auction Site Wavee.com?

Wondering what happened to penny auction site wavee.com? According to CBS Atlanta wavee.com story, the site was investigated by CBS Atlanta, prompted by the Georgia Governors Office of Consumer Protection took action against wavee.com after receiving multiple complaints of auction

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Were you REALLY scammed at a Penny Auction?

Were you really scammed at a penny auction or did you just not understand the fundamentals of penny auctions? Did you not realize that if you do not win the auction after bidding on it that you would lose money?

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