Fake stores could surge 135% during Black Friday, FCCPC warns

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The Federal Competition and Consumer Protection Commission (FCCPC) has warned consumers to be cautious during the Black Friday sales period as scams and scams may increase.

FCCPC Executive Vice Chairman Babatunde Irkela said in a statement on Thursday that he had received “credible information” that fake online stores could increase by 135% during the Black Friday period.

Irkela said these fake stores may be trying to deceive consumers by lying about products, prices and payment methods.

“The FCCPC says that the annual seasonal sale, known as ‘Black Friday,’ which offers deep discounts on certain Fridays, could lead to a 135% increase in the number of fake online stores containing fraud, misrepresentation, and other exploitative practices. We have received reliable information,” Irkela said. said.

Irukera added that this information is corroborated by publicly available reports such as Netcraft, and urged consumers to be cautious and discerning during this period.

He recommended that consumers should demand and assert their rights, especially regarding full and transparent disclosure.

Irukera advised consumers to be cautious when providing personal information and making payments online.

“Consumers should only patronize trusted and trustworthy platforms and be careful not to become victims of fraud or other exploitation,” he added.

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Source: guardian.ng