Scammers Posing As Legitimate Retailers Are On The Rise Online

Wednesday, November 24th 2021, 7:07 pm
By: News 9


A risk solutions company estimates consumers will have $20 billion stolen in online scams by the end of the holiday season.

This comes as scammers are posing as legitimate online retailers and selling products that are in short supply in stores.

"We have seen a 2000% increase over the past three months, driven by the supply chain issues that are in this country today," said Risk Solution CEO Haywood Talcove.

Experts said websites are becoming increasingly sophisticated, but that there are tip-offs a website is fake. Experts said that misspellings, grammar mistakes and a refusal to accept credit cards are a few signs a website might be fraudulent.