Online "penny auctions" are quickly gaining popularity, and though they claim to offer consumers the opportunity to win quality merchandise at low prices, the Better Business Bureau of Minnesota and ...

For more information on “Penny Wise: The Complete Guide to Saving Money with Online Penny Auctions,” visit www.pennywisethebook.com. In recent years, online penny auctions have grown tremendously and ...

The Federal Trade Commission has released a consumer alert dealing with online penny auctions ("Online Penny Auctions: Nothing for Something?"). Penny auctions may provide good deals. However, you ...

LOS ANGELES The first time Bruce Bargar bid on a penny auction site, he hit the jackpot, winning a new Apple MacBook laptop for just over $100. Since then, he's won several items, including a $25 Kohl ...