Scam of the day – August 13, 2017 – Phony online coupon scam

Everyone loves coupons and like many things in our lives, coupons which used to be found commonly in newspapers and magazines have migrated online.  As I have warned you many times in the past, Facebook has become a hot bed for phony online coupons.  Recently the Better Business Bureau of Eastern North Carolina issued a warning about  a number of phony coupons appearing on Facebook including coupons for Target, Lowe’s and Bed Bath and Beyond.  A copy of a phony Bed Bath and Beyond $75 coupon is reproduced below.   Don’t click on it.  If you click on it, you are prompted to provide information to a survey in order to receive your coupon, but there is no coupon and the information you provide may be used to make you a victim of identity theft.

Bed Bath & Beyond warns customers about Mother’s Day coupon scam

TIPS

No company could cover the cost of giving away vast numbers of $75 coupons although sometimes participants in legitimate surveys are promised a chance to win a coupon in a drawing.  Facebook is a favorite venue for scammers perpetrating this type of scam because often unwary victims will unwittingly share the scam with their friends.  One way to determine if a coupon is legitimate is to look for the expiration date found on most coupons.  Most phony coupons do not carry an expiration date. In addition, if the coupon appears too good to be true, it usually is a scam. The best place to go to find out if a coupon is legitimate is to the company’s website to see what real coupons are being offered.  For Bed Bath and Beyond you can also call their customer service number of 1-800- GO-BEYOND to confirm the legitimacy of any their coupons.