Cybercriminals 'have sunk to new lows' in targeting parents who struggling to find food for their babies, agency says. onyourside consumeralert alabamanewsnetwork
of the nutritional products, the Federal Trade Commission warned Wednesday.
The agency urged consumers scouring the internet for formula to beware of people who claim to be selling brand-name products, but who fail to deliver them after someone makes an online purchase. "Scammers exploiting the high demand for baby formula have sunk to new lows. They're popping up online and tricking desperate parents and caregivers into paying steep prices for formula that never arrives," the FTC said in aIn some cases, scammers create fake websites or social media profiles and use name brand logos and product shots to lure customers. They trick consumers into providing payment information for products that they never receive.
Price gouging — or offering products at well above market rates — violates eBay's policies and is prohibited on the site, a spokesperson told CBS MoneyWatch.
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