vendor bids again, page-6

Quoting from this article on the Lawyers Conveyancing site.

http://www.youtube.com/watch?feature=player_embedded&v=jH0BJKC_LLw

Dummy Bids (Whether by the Auctioneer or from an associate in the crowd)

If an auctioneer advises a vendor client that a series of vendor bids can legally be used to bring the price up to the vendor's "Reserve Price", this advice could itself constitute a trick and complete the criminal offence of an Obtaining Of Financial Advantage By Deception.