Fake Overstock websites designed to swindle money from customers

News Center 23

POSTED: Friday, February 28, 2014 - 4:44pm

UPDATED: Saturday, March 1, 2014 - 11:53am

Overstock.com: it's one of the most popular online retailers that features a variety of merchandise. And when you need a wide ranger of options to choose from, it could turn into your go-to site.

That is, until you think you're purchasing items from overstock and you end up with nothing to show for it:

"Within the last few months, there have been a number of unauthorized Overstock.com websites that have propped up on the internet and it turned out to be bogus," said South Texas Better Business Bureau president Dolores Salinas. "People were buying on them, paying for merchandise and never receiving them."

The trick is to avoid phony Overstock.com sites with obvious red flags.

The fake sites will usually demand your debit card information instead of your credit card, because it's consumer-protected. In some cases, bogus companies will choose GreenDot MoneyPak as a preferred payment.

Also, if the site has any additional words or characters before the word "Overstock", it's not a legitimate company.

The scam became so widespread that even the real Overstock.com had to take action.

"Overstock.com issued an alert through the Better Business Bureau's system to let you know that unless you're really dealing with the Overstock.com legitimate website you may be risking buying merchandise, paying for merchandise and not receiving it," said Salinas.

Overstock.com is a partner of the Better Business Bureau and holds an "A rating" on their website. 

Reporting in Weslaco, Marty Watson, KVEO News Center 23.

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