Online purchase scams up, BBB warns holiday shopping is at risk

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Online purchase scams now account for more than a third of all scam reports filed with the Better Business Bureau, and four out of five consumers who report such scams lose money, making it the No. 1 riskiest scam type.
BBB is warning consumers ahead of the holiday shopping season to be aware of how scammers deceive consumers, whether they are actively shopping or passively browsing.
Online purchase scams consistently rank among the top three riskiest since 2017, and a significant number of people continue to lose money when targeted by online purchase scams (74.8% in 2021). The median dollar loss for this scam type has risen in recent…

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