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Facebook hit with advertising scams

Posted in Scams May 4th, 2010 @ 10:54 am

If you use Facebook, you may have seen this type of ad on its pages. The ad claims, that if you are the first 20,000 to sign up as a fan, Best Buy will give you $1,000 to buy electronics. When you click on the “gift card” link, it takes you to a Facebook fan page where you need to fill out personal information

This type of marketing just doesn’t make sense. Why would a company spend $20 million to get only 20,000 Facebook fans? The answer may be that this is just another scam. Once you complete your personal information it may be sold to marketing companies so they can spam your email or worse scenario someone is looking to steal your identity.

It seems that this type of bogus gift card offers have popped up on Facebook too much that federal fraud alert has been issued. The scammers are posing as big companies offering non-existent gift cards.

A Best Buy spokesperson said that the company has been fighting these scams on Facebook as well as on Twitter. Best Buy’s legal team is now trying to find the scammers.

Once again, if it sounds too good to be true, it’s probably nothing but a scam. Don’t be fooled by outlandish advertising. It may result in you shelling out money or even worse, identity theft.

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