ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Beware of Giveaways, as Free Laptop Scams are Rapidly Gaining Ground

These scams typically involve enticing offers of free laptops, gaming systems, or other tech gadgets, accompanied by a sob story or a supposed reason for the giveaway
PUBLISHED FEB 24, 2024
Cover Image Source: laptop Scams | Unsplash | Photo by Michał Kubalczyk
Cover Image Source: laptop Scams | Unsplash | Photo by Michał Kubalczyk

Freebies are perhaps the most common tactic used for luring consumers and victims of scams alike, and despite being used for ages, people still fall for it. The latest iteration of this fraudulent ploy is the free laptop scam that has become increasingly prevalent, especially on online marketplace platforms like Facebook's yard sale groups. These scams typically involve enticing offers of free laptops, gaming systems, or other tech gadgets, accompanied by a sob story or a supposed reason for the giveaway. However, unsuspecting users soon discover that there's a catch, requiring them to pay a shipping or insurance fee to receive the item.

Image Source: Unsplash | Don Agnello
Image Source: Unsplash | Don Agnello

The modus operandi of these scams is simple yet effective. Scammers create fake accounts or compromise existing ones to post listings offering high-value items for free. They prey on the goodwill and generosity of users who may be tempted by the prospect of getting something for nothing. By fabricating emotional stories, such as a recent loss or betrayal, scammers aim to manipulate users into believing they are genuine and deserving of assistance.

Once a user expresses interest in the free item, the scammer typically requests payment for shipping or insurance. The amount requested is often reasonable enough to convince the victim that they're still getting a great deal. But once the payment is made, the victim never receives the promised item, and the scammer disappears without a trace.

Image Source: Getty Images | Photo by Dan Kitwood
Image Source: Getty Images | Photo by Dan Kitwood

Identifying these scams can be challenging, but there are some warning signs to watch out for.

Scammers often create fake profiles or hijack existing ones with little activity. If a seller's account was recently created or has minimal engagement, it could be a red flag. Be wary of listings accompanied by dramatic or implausible stories designed to evoke sympathy. Scammers rely on these narratives to manipulate emotions and lower victims' defenses.

Legitimate giveaways don't require recipients to pay for shipping or insurance. If a seller insists on payment for these expenses, it's likely a scam. As the old adage goes, if something seems too good to be true, it probably is. Exercise caution when encountering offers that promise high-value items for free, especially with minimal or no strings attached.

Image Source: Unsplash | Elizabeth Kay
Image Source: Unsplash | Elizabeth Kay

If you come across a suspicious listing, it's essential to take action to protect yourself and others. Most online marketplace platforms have mechanisms for reporting suspicious or fraudulent activity. Report the post to the group or page admins so they can investigate and take appropriate action.

Avoid interacting with the scammer or the post itself. Responding or commenting may draw further attention to the scam and inadvertently validate it in the eyes of other users. Share information about common scams and warning signs within your online community. By raising awareness, you can help prevent others from falling victim to similar schemes.

When seeking deals or giveaways, stick to reputable platforms and sellers with established reputations. Be cautious when dealing with unfamiliar or suspicious accounts.

Ultimately, staying vigilant and skeptical is key to avoiding falling prey to free laptop scams and similar schemes. By exercising caution and taking proactive measures, you can protect yourself and others from online fraud. Remember, if an offer seems too good to be true, it probably is.

MORE ON MARKET REALIST
The contestant was feeling good about his chances but ended up with nothing.
11 hours ago
Several large-scale projects will be undertaken as part of the deal.
11 hours ago
Stuart Russel says companies are playing Russian Roulette with humans, and governments should step in.
11 hours ago
Healthcare providers cited rising costs and denied reimbursements as the reason for the shortfalls.
14 hours ago
The affected products have been recalled as the FDA conducts a full-scale investigation.
15 hours ago
The customer had to fight for the product that she was willing to purchase.
17 hours ago
“It’s, I think, the worst paper I’ve ever seen in the history of the Federal Reserve system," Hassett stated.
17 hours ago
The case is notable as it shifts focus from content responsibility, protected under Section 230 of the Communications Decency Act.
17 hours ago
Vance has had varied opinions about the technology in the last year, some good and some bad.
1 day ago
The studio audience loved the segment as they cheered the two on whole-heartedly.
1 day ago
While Warsh compared the current situation with the internet boom, economists differ on the opinion.
1 day ago
He suggested some changes to be made to the 401(k) scheme to help Americans save more.
1 day ago
The retailer reverted to a traditional method of doing retail business, which many have hailed.
1 day ago
Costco's notice comes several days after the gift card provider filed for bankruptcy.
1 day ago
Industries that are susceptible to automation include manufacturing, lodging, catering, retail, wholesale, and extraction.
1 day ago
The man in question even went on national television to criticize exactly what he ended up doing.
2 days ago
The country had added 130,000 jobs in January and inflation remained at 2.5%.
2 days ago
Harvey says chitlins are the reason he can “never get COVID.”
2 days ago
The administration has been urged to roll back their policies and lower costs for tourists.
2 days ago
The product might contain a toxin that is produced by mold in fruits, especially apples.
2 days ago