(Undated) — Counterfeit coupons are a popular way for scammers to steal your identity and money. Better Business Bureau Investigator, Don O’Brien, says these scams often pop up with the announcement of a major retailer closing.
He says in another variation of this scam, getting the “coupons” requires subscribing to a “coupon service” and paying a monthly membership fee. Once you sign up, the service promises to either send you digital coupons or paper coupons in the mail. You may never receive any coupons, or you might receive coupons that are fake. O’Brien says while motives and methods vary, phony coupons often mean big losses for retailers, consumers, or both.
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