How to avoid the most common online shopping scams this Labor Day
Don’t click on links in emails or text messages about Labor Day sales. Scammers often pose as companies using fake websites.
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Labor Day weekend notably brings in those huge end-of-season sales. Major retailers slash prices and offer big markdowns on various items.
As sales get underway, scammers are waiting in the shadows, hoping to steal your personal information—and your money.
“Cybercriminals always prey wherever there’s a best chance for their return so they’re looking for, especially, a lot of online shopping,” said Scott Schober, a cybersecurity expert and CEO of Berkeley Varitronics Systems. “Labor day weekend is very popular.”
The Federal Trade Commission (FTC) said consumers lost $10 billion to scams in 2023 and the number one scam remains imposter scams, where criminals pretend to be someone they are not. Imposter scams cost consumers $2.7 billion last year, according to the FTC.
How to avoid falling for a scam
Experts say make sure to vet retailers. Don’t click on links in emails or text messages about Labor Day sales. Scammers often pose as companies using fake websites.
Shop with a credit card. It’s easier to dispute charges you didn’t approve and get your money back if you fell for a scam.
Beware of outrageous travel deals. If a deal on a hotel or rental seems too good to be true, it is most likely a scam.
“Usually, you see margins of 10% to 20% off of something, not something that’s 70% off,” said Schober. “Be leery when you see those things that are extreme discounts. That could really lead you off a stray to a scammer site.”
If you do fall victim to a scam, take notes right away. Jot down the time of day, what credit card you used and take a screenshot of the fake website or email. This information will be helpful to report the scam to the FTC and law enforcement.
