Black Friday is almost here however many deals are already on the market from technology to clothing and as the years go on, the dangers grow.
This means that with all the good deals now being advertised and a sudden influx in purchases as we approach Black Friday on November 26, there comes a risk of being scammed – and some of the tricks can look very genuine.
The warning comes just after popular shops and restaurants such as Wagamama, Toby Carvery and Primark had to release a statement online after a scam on social media circulated recently.
The scam involves the fake brand page, which looks genuine and has tens of thousand of likes, offering free items, vouchers or food from the companies CEO as a “gesture of good will” on the run up to Christmas.
Now HSBC UK has teamed up with professional magician Troy von Scheibner ahead of Black Friday to highlight some of the tricks scammers will play on shoppers to dupe them into handing over their hard-earned cash.
Purchase scams occur when fraudsters trick shoppers into paying in advance for goods or services that are never received which are said to be a common form of Authorised Push Payment (APP) scam affecting HSBC customers with 6,218 cases reported this year alone.