Joann Fabrics is closing, resulting in a range of online scams targeting consumers. The FTC has issued a warning about fake promotions claiming going-out-of-business deals on social media platforms. These scams lead to counterfeit websites designed to steal personal information. The FTC emphasizes that any online sales for Joann are fake, as the retailer is only conducting in-person sales. Consumers should stay vigilant against deals that seem too good to be true and report suspicious ads to avoid falling victim to these scams.
The Federal Trade Commission (FTC) issued a consumer warning this week specifically addressing the Joann Fabric & Craft scammers, pointing out that bad actors are running fake promos online.
Consumers should be wary of "unusually good deals" and pay with credit cards, which offer more protections, especially during this time of increased scamming.
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