Online shopping scam tactics - MyBroadband.
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One of the key problems with online shopping scams is that it’s so hard to tell the genuine from the fake in the online world. As Russell Zimmerman points out, many genuine retailers do often offer substantial discounts online, sometimes as high as 70% off at the end of the season. The industry is fighting back, with technological advances introduced overseas to send verification messages to.
In fact, according to a recent Better Business Bureau Scam Tracker report, online purchase scams are the second-riskiest type of fraud after employment scams. Although shopping online doesn’t.
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Online businesses and marketplaces have seen a marked increase in revenues but so have online scams. Many population groups have long ignored or resisted internet shopping believing this to be a preserve for the elite. However, after being immobilized by the stay at home regulations, many realize they now have to quickly learn and grasp the art of shopping or making payments online.
South Africans ranked “third most likely” to fall for online scams Apparently, around 70% of us have at least interacted with fake tech support online scams - and it's one of the highest rates.
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