BBB Scam Alert: Watch out for fake coupons on social media

Oct 31, 2024 · How the scam works. Usually, fake coupons are worth much more than real ones, offering steep discounts like 80% off. By using brands' official logos, it's nearly impossible to …

CouponFollow Extension

80%
OFF

BBB Scam Alert: Watch Out For Fake Coupons On Social Media

3 weeks from now

Oct 31, 2024 · How the scam works. Usually, fake coupons are worth much more than real ones, offering steep discounts like 80% off. By using brands' official logos, it's nearly impossible to …

bbb.org

$4
OFF

Honey Controversy: Coupon-finder Accused Of 'exploiting' …

3 weeks from now

Dec 26, 2024 · Honey is an internet browser extension that advertises finding and applying coupon codes for online shoppers. PayPal acquired Honey in 2020 for $4 billion. YouTube …

usatoday.com

FAQs about BBB Scam Alert: Watch out for fake coupons on social media Coupon?

Is a fake coupon a scam?

Legal experts have reviewed and vetted authentic coupons from legitimate, large companies. By contrast, a fake coupon might not even have fine print. The fraudster doesn't care about legal safeguards because the whole scam is illegal. So, the complete absence of legally protected language or any qualifying conditions could indicate fraud. ...

How can you tell if a coupon is a scam?

By using brands' official logos, it's nearly impossible to tell if it's fake or not. In one variation of this scam, you may be scrolling on social media or checking your email and come across an ad with a coupon or promo code offering a major discount on products at a popular retail store. ...

What is coupon fraud?

Coupon fraud is a white-collar crime involving using coupons that violate the merchant's terms and conditions. ...

Are coupon codes a scam?

As everyday items get more expensive and inflation is still high, more and more Americans are turning to coupon and promo codes to save money. Unfortunately, as coupon usage grows, it has also attracted the eyes of criminals and thieves who run a variety of coupon scams, which can be very damaging for retailers, brands, and consumers. ...

Do you pay for coupon fraud?

Coupon fraud is almost always a violation of federal, state or local laws and those who participate in it face the possibility of criminal punishment. Coupon fraud and abuse end up affecting all shoppers due to the ways retailers raise prices to mitigate their losses that stem from fraud. Ultimately, therefore, shoppers pay for coupon fraud. ...

Do shoppers pay for coupon fraud?

Ultimately, therefore, shoppers pay for coupon fraud. While there have been several cases of people receiving lengthy prison sentences and facing financial penalties for committing coupon fraud on a large scale, everyday couponers can unintentionally become involved in coupon fraud. ...