5 SCAMS TO WATCH FOR AFTER THE HOLIDAYS

The mad holiday rush may be over, but scammers aren’t slowing down. The post-holiday weeks bring an increase in scams that, unfortunately, are quite believable during this time of year. HOLIDAY SCAM ALERT

Don’t be the victim of a post-holiday scam! Read on to learn about five common ways fraudsters seek to dupe consumers after the holidays: 

1.) Gift-picking 

With the holidays behind us, many people are enjoying new, and often expensive, gifts. These can be top-of-the-line electronic devices, luxury entertainment systems or phones with four-digit price tags. If you’re the lucky recipient of such an expensive gift, you may be targeted by old-fashioned thieves who are looking for a good picking. 

Protect yourself by keeping your gift under wraps. Dismantle all packaging that contained your gift. Discard them in a covered trash or recycling bin instead of leaving them at the curb where potential thieves can spot them and peg you as an easy target. For extra precaution, consider hauling your boxes off to a communal dumpster or the local recycling station. 

2.) Charity scams 

The last two days of December see more charity donations nationwide than the rest of the year. While this may speak well of our goodwill, it also offers scammers another opportunity to help themselves to other people’s money. 

Be wary when giving charity this time of year. Don’t donate to any organization without first checking it out on a charity vetting website, like CharityNavigator.com. If you have a favorite cause you like to give to, contact them yourself instead of clicking on an ad or calling a number that appears to represent them. 

3.) Underpriced gifts for sale 

You may think you just found a real steal of a deal on Craigslist from a seller who is eager to get rid of a gift because “My wife didn’t like it.” But, be suspicious of any prices that seem too good to be true; they are likely to be scams. 

If an item for sale appears authentic, proceed, but with caution. Don’t rely on email communication. Instead, get the seller’s phone number and street address. If possible, ask for references and pictures of the item. If everything appears to check out, arrange to meet the seller in a well-lit, populated area, preferably one with ample security-camera coverage. Finally, never wire money online to any seller—let the cash and item change hands at the same time. 

4.) Belated holiday e-cards 

Don’t assume every e-card that lands in your inbox with a heading like “Oops! I’m late!” is legitimate. Too often, e-cards are ridden with malware and will infect your device as soon as you click on an embedded link. The e-cards may even bear the name of your friend, but don’t be fooled; scammers can easily pick these names off the internet. Authentic e-cards will include a confirmation code for you to copy and paste at the issuing website, so only open e-cards that are accompanied by a code. 

5.) Post-holiday ‘sales’ 

The holiday shopping frenzy is over and retailers are eager to drum up more business. This makes the post-holiday sale scam seem especially believable. Your social media platforms may be exploding with ads that are offering exclusive deals and deeply discounted prices at your favorite stores. While some of these ads may be legit, lots of them are scams. 

Here’s how to spot the fake ads and differentiate them from the real ones: 

  • The URL is off by one letter. Carefully check each landing page as you make a purchase.
  • The site is not secure. Always look for the “s” after the “http.”
  • The words “deals” or “discounts” are part of the URL. Authentic retailers sell from their home site and will rarely create a new website just to sell sale items.
  • The store’s logo is missing from the website. Look for a genuine store logo on every landing page.

Post-holiday scams are everywhere, but by knowing how to spot a scam, you’re already one step ahead of the criminals. Stay alert and stay safe! 

Your Turn: Have you been targeted by a post-holiday scam? Share your experience with us in the comments.

 

SOURCES:

https://blog.aarp.org/2017/12/30/protect-yourself-from-post-holiday-scams/

https://www.google.com/amp/amp.fox5atlanta.com/news/i-team/beware-post-holiday-loan-scams

https://dayair.atomicdevbox.com/blog/post-holiday-scams-to-know-about/

5 SCAMS TO AVOID THIS BLACK FRIDAY

Black Friday Scam Alert

Black Friday and Cyber Monday can be great fun – but they can also put you at great risk. Scams abound on the weekend that heralds the holiday shopping season, and you don’t want a phishing scheme or a bogus bargain to turn you into a Grinch. 

Here are 5 scams to look out for as you brave the frenzied crowds while trying to snag the best deals after Thanksgiving.  

1. Crazy deals that are actually bogus 

The noisy crowds and flashy ads on Black Friday can lead you to make rash decisions and spend more than you planned. But be careful not to leave your senses at home. 

An iPhone X retailing at just $12? A pair of genuine Ugg boots for just $9? These deals sound insane because that’s exactly what they are. And yet, thousands of people happily send their money to online stores that are advertising these laughable prices on Black Friday. And of course, once the scammers have your credit card information, they won’t hesitate to use it for their own shopping spree – all on your dime. 

Be smarter: Don’t believe any advertised price that is ridiculously low. It’s only bait used by scammers to lure you into their trap. Black Friday deals tend to fall within the 20-30% off range or an offer of free shipping. 

2. Black Friday gift cards for cheap 

In the weeks leading up to Black Friday, you might see an explosion of cheap gift cards being sold at online marketplaces. The gift cards are linked to big-name retailers and are offered for a fraction of their real value. 

These cards are usually stolen from their real owners. The victim of the theft will likely report the loss and the card will be disabled. And you’ll have forked over your hard-earned money for a card that’s not worth the plastic it’s made from. 

Be smarter: Don’t buy any gift cards that are retailing at a heavily marked-down price. 

3. Bait and switch 

Want to be the lucky winner of a brand new iPhone X? Just fill out a form with your personal details and take this survey. You may just be the proud new owner of the super-expensive phone! 

If you know anything about online scams, you’ll already recognize this one. Your personal details and a site whose authenticity you can’t verify are two things that should never meet. The sweepstakes is just the scammer’s bait to get at your information. And, with holiday expenses growing each year, it’s the perfect time to lure an innocent victim into thinking they’ve just saved a ton of money. 

Don’t make the mistake of thinking you’re safe from this scam just because you’re doing all your Black Friday shopping at the mall. “Bait and switch” scams can happen offline, too. 

The brick-and-mortar version of this scam is somewhat less nefarious. Retailers will advertise deals so amazing you’ll find yourself travelling across town and battling impossible traffic to grab these bargains. Once you finally reach the store, though, you’ll be told that those items are all sold out, but you can check out the items they do have in stock. You’ll be shown similar, but inferior, products and cheap knockoffs, or nothing you’re interested in at all. These scams are just a waste of your time and often your money, too. 

Be smarter: Don’t enter any sweepstakes or believe advertisements for heavily marked-down prices on sites and stores you’re unfamiliar with. 

4. Delivery problems 

With so much of your shopping happening online, you probably wouldn’t be surprised to receive an email claiming there’s been a problem with the delivery of one of your purchases. But if you get an email like this asking you to click on a link or download an attachment to arrange an alternative delivery date, you’re looking at a scam. You may also receive a message asking you to pay an extra fee for delivery after you’ve completed an order. Again, this email is bogus and you’re being scammed. Ignore these emails. And, if you have a problem with the delivery of your purchase, contact the seller or company directly. 

Be smarter: Never download anything or click on a link from an unverifiable source. 

5. Online purchases that can only be paid for with a wire transfer 

If you’re planning on going on an all-out spending spree this Black Friday, use your credit card. It offers you the most protection against purchases that don’t turn out to be what you expected. 

A debit card can be a good choice, too, if you’re only shopping at stores and retailers you trust and frequent often. 

Never agree to an online purchase demanding payment via money order or wire transfer. These are favorites among scammers since they are similar to paying with cash – once the money has changed hands, there’s almost no way you can get it back. 

Be smarter: When frequenting unfamiliar stores and sites, use your credit card. 

Be an educated shopper this Black Friday and outsmart scammers! 

Your Turn: Have you ever been targeted by a Black Friday scam? Share your experience with us in the comments below.

 

SOURCES:

https://www.finder.com/black-friday-scams

https://www.scam-detector.com/article/black-friday-scam

https://www.makeuseof.com/tag/6-scams-watch-black-friday-cyber-monday/