Fake ads on Facebook and Instagram about stock clearance deals use a sense of urgency to draw people in

After 40 years, an elderly couple have decided to retire and close their business. Or a clothes retailer says that it is with sadness he has decided to shut up shop and needs to get rid of his remaining stock.

But the “sadness” of a business closing also brings an opportunity to bag a bargain – perhaps a cut-price leather jacket, or 50% off the last merino wool sweaters in the warehouse.

Continue reading…Scams, Money, Consumer affairs, Consumer rights, Retail industry, Business, UK newsRead More

You might also be interested in reading Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO.