Unfortunately, the COVID-19 pandemic is driving many retailers out of business. What’s bad for businesses often means sales for shoppers, but before you jump on deals, make sure you aren’t falling for a con. BBB Scam Tracker has received many reports about online “going-out-of-business” sales that either don’t exist or don’t live up to the hype.
How the scam works
You are scrolling through your Facebook feed or doing a web search when you come across an advertisement for a going-out-of-business sale. The company is closing because of COVID-19 and selling off their inventory at a great discount.
If you click on the ad or type in the promoted URL, it will lead you to a website selling anything from designer goods to electronics to novelty items. From looking at the photos, the products seem like a great deal.
But if you order something, what arrives isn’t what you thought