This Valentine’s Day is shaping up to be big, according to projections by the National Retail Federation, which suggests that consumer spending will reach nearly $24 billion.
As you prepare to celebrate, there are few common scams that you need to be aware of. Whether you’re hoping to spark a new relationship or buying gifts for loved ones, beware of these three scams regularly reported to BBB.
Impostor websites: From fake jewelry sellers to online dating sites, consumers should always be on the alert for impostor websites.
Scammers can easily lift official photos, sale promotions and logos directly from the website for a popular jewelry brand. With professional graphics and unbeatable prices, scammers build an attractive website that looks eerily similar to the real thing.
Similar methods may be used to build fake online dating platforms, which are often used to steal personal data and credit card information. For more tips to spot fake websites, read our guide to smart shopping online.
Red flags:
• Products are available at extreme discounts.
• The seller requests customers pay with cash transfer apps or cryptocurrency.
• Customer service is unreachable.
Romance scams: Romance scammers often target vulnerable people who have experienced a recent breakup or other hardship.
They take advantage of that heartbreak to establish a connection and gain sympathy. Once they’ve gotten their victim on the hook with a sad story, they begin pursuing their true…
