As Joann Fabric and Crafts plans its store closures, scammers are creating a new threat: fraudulent online sales scams.
At a Glance
- Joann Fabric and Crafts filed for Chapter 11 bankruptcy, with closures set for February 2025.
- Fraudsters promote fake clearance sales on social media platforms.
- Consumers are scammed into making payments but receive no products.
- FTC warns against these scams; use Joann’s official site for verification.
Scams Emerge Amid Store Closures
Joann Fabric and Crafts’ announcement of its Chapter 11 bankruptcy and upcoming store closures, scheduled for February 2025, has inadvertently paved the way for scammers. These scams prey on consumers hoping to benefit from supposed clearance sales. Fraudsters have taken to social media platforms such as Facebook, Pinterest, and Nextdoor to advertise these bogus sales, which mislead shoppers into believing they are accessing official liquidation events.
The lure of exceptionally steep discounts can often be too tempting for thrifty shoppers to resist, making it easier for scammers to trick them into visiting fake sale sites. Once there, consumers are convinced to “purchase” items, but the payments end up in the hands of the opportunistic schemers, while the promised goods never arrive. Such fraudulent activities not only sully Joann’s name but also threaten the financial safety of shoppers.
Protecting Your Finances
The Federal Trade Commission (FTC) has issued a stark warning about these scams. It’s crucial for consumers to sidestep these fraudulent advertisements for online sales. The FTC recommends that the public should directly verify any sales by visiting Joann’s official website, rather than being lured by advertisements. Consumer diligence is vital as fraudsters’ tactics become ever more sophisticated.
“There are no other authorized Joann shopping sites.” – Joann’s website.
To further shield against these deceitful schemes, shoppers are advised to use credit cards for transactions at legitimate sites. In contrast to debit cards, credit cards offer greater protection against fraud and non-delivery. This additional layer of security can provide peace of mind in such uncertain circumstances.
Remaining Vigilant
Joann Fabric and Crafts has communicated its own caution to consumers, emphasizing the unique legitimacy of its main website amidst this tumult. A notification on their site clarifies that no alternative authorized shopping sites currently exist under Joann’s name. Such transparency efforts are indispensable in countering the manipulative endeavors of scammers and shielding customers from undue harm.
Joann’s commitment to transparency and customer protection stands as a formidable effort against scams that could otherwise trap many unsuspecting customers. By pursuing these protective measures and complying with FTC advice, prudent consumers can navigate these potentially hazardous waters with assured security and confidence.
