5 Scams to Avoid This Black FridayPosted: November 6, 2018
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
Similarly, entering a lucky dip to win a loaded gift card from a major online shop or supermarket could potentially help buy the Christmas turkey and all the trimmings. What’s the worst that could happen? It certainly seems worth clicking on a link if a friend recommended it to you, right? In fact, Action Fraud, the UK’s fraud and cyber-crime center, warned of an international WhatsApp scam that purports to be from someone you know. Such messages promote gift card giveaways, generally as a campaign to coincide with new stores opening. They then ask you to click on a link which requires some brief contact details. Needless to say, it’s fake, and not only will your personal data be used for nefarious purposes, but your device will likely be infected with software which will collect further information. This includes the addresses of further contacts to spread the scam — that’s why you can’t trust a seemingly well-meaning message from family or friends. Realistically, stores aren’t going to offer $100 gift cards because they’ve opened a new shop.
Be smarter: Messages that don’t appear personal should immediately be suspect. And if you’re not sure, confirm with the contact whether they sent it or not through another method. If this dubious message came through as an email, ask by SMS. If you think their instant messaging is compromised, ask them in person or by telephone.
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!