Consignment scam news

Consignment scams are a type of fraud where scammers promise to sell your items on consignment, but instead, they keep the money and often leave you with nothing. Here are some recent news articles and reports on consignment scams:

  1. "Consignment Scam: How to Avoid Being a Victim" by Forbes (2022)

Forbes reports on the rise of consignment scams, where scammers promise to sell your items for a commission, but instead, they keep the money and often leave you with nothing. The article provides tips on how to avoid being a victim, such as researching the company, checking reviews, and being cautious of low-ball offers.

  1. "Consignment Scam: Woman Loses $10,000 in Fake Online Consignment Deal" by ABC News (2022)

ABC News reports on a woman who lost $10,000 in a consignment scam. The scammer promised to sell her designer handbags and shoes online, but instead, they kept the money and left her with nothing.

  1. "Consignment Scam: How to Protect Yourself from Fraud" by Consumer Reports (2022)

Consumer Reports provides tips on how to protect yourself from consignment scams, such as being cautious of unsolicited offers, researching the company, and getting everything in writing.

  1. "Consignment Scam: Man Loses $5,000 in Fake Online Consignment Deal" by NBC News (2022)

NBC News reports on a man who lost $5,000 in a consignment scam. The scammer promised to sell his collectible coins online, but instead, they kept the money and left him with nothing.

  1. "Consignment Scam: How to Avoid Being a Victim" by The Balance (2022)

The Balance provides tips on how to avoid being a victim of a consignment scam, such as being cautious of low-ball offers, researching the company, and getting everything in writing.

These news articles and reports highlight the importance of being cautious when dealing with consignment scams. It's essential to research the company, check reviews, and get everything in writing to protect yourself from fraud.

If you're a victim of a consignment scam, report it to the Federal Trade Commission (FTC) and your local authorities. You can also file a complaint with the Better Business Bureau (BBB) or the Federal Bureau of Investigation (FBI) if you suspect a consignment scam.

Remember, it's always better to be safe than sorry when dealing with online transactions. Be cautious, do your research, and protect yourself from consignment scams!