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
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
17 hours ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
22 hours ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
22 hours ago
Members are now required to scan their membership cards simply to get inside a Costco store.
22 hours ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
1 day ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
1 day ago
The city's law dictates that all businesses using such surveillance tech must make it public.
1 day ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
1 day ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
1 day ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
2 days ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
2 days ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
2 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
2 days ago
The contestant took the advice of her man, who was in the studio audience.
2 days ago
Under this scheme, home buyers will have three years to pay the down payment.
2 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
2 days ago
The achievement puts the retailer in a list dominated by tech companies.
2 days ago
Sankar pointed out that there an incredible amount of fear around the AI boom.
2 days ago