warranty scam

(Trisha)

ID Thieves Hijacking Accounts To Cash In On Bogus Warranties

In a pre-online era, when we made most purchases in person, getting a warranty replacement on a broken product often required taking the defective item back to where you bought it. But now that we’re all buying things online, a number of retailers are willing to ship you a replacement on the understanding that you’ll immediately return the original item. ID thieves are taking advantage of this goodwill, hijacking customers’ accounts and convincing companies to send them free replacements for items they never bought. [More]