FTC: Scammers exploiting parents in need during baby formula shortage – KHQ Right Now

The Federal Trade Commission (FTC) is warning consumers to be on the lookout for new wave of scammers exploiting parents during the baby formula shortage, charging exorbitant prices for formula that never arrives.

Desperate parents may turn to third-party sellers to find a supplier of formula. Scammers have taken advantage of this, creating fake websites or profiles to set up a false storefront, using images or logos from well-known brands to create a façade of legitimacy. The prices are incredibly steep, knowing how far parents are willing to go to keep their babies healthy.

Once the orders are placed, however, no package is shipped, and the seller is unreachable.

The FTC recommends purchasers follow these steps before purchasing from an unfamiliar online store:

• Verify the company or product by typing the name in a search engine, along with “review,” “complaint,” or “scam” to see what other buyers have to say about it.
• Be careful of how you pay. Credit cards often provide the…

Read Full Story: https://www.khq.com/news/ftc-scammers-exploiting-parents-in-need-during-baby-formula-shortage/article_79d5d676-d95f-11ec-99a9-c36569596f75.html

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source: https://news.oneseocompany.com/2022/05/21/ftc-scammers-exploiting-parents-in-need-during-baby-formula-shortage-khq-right-now_2022052120346.html

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