After Chapter 11 bankruptcy, iconic brand raises red flag on scams
It’s not just the bankrupt company issuing warnings, a key watchdog agency has its own scam alerts.
When a retailer, restaurant, or other public-coping with firm goes bankrupt, there are all types of how for scammers to rob advantage of potential prospects.
In some cases, they field up false online page designed to examine love the retailer that’s going out of enterprise. When that occurs, of us pay for gadgets that don’t exist and may no longer ever find despatched to them.
Associated: Key bathroom paper mark recordsdata Chapter 11 financial effort
There are also scenarios when scammers will originate things love promote reward cards at a lower rate after the retailer has stopped accepting reward cards. That leaves the particular person having paid money for one thing that has no rate.
If that occurs, the firm doing the liquidation sale, which is on the general no longer the authentic retailer will no longer be sympathetic. It’s as much as the particular person to present protection to themselves from scams love these.
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