BBB warns holiday shoppers of fake social media ads

AT THE EXPENSE OF SMALL BUSINESS OWNERS. KETV NEWSWATCH’S SEVEN’S KATHERINE GARCIA HAS TONIGH’S 7′ CAN HELP ALE.RT KATHERE:IN WORKING OUT OF HER HOME IN CHESTER, NEBRASKA, METAL ARTIST CINDY CHINN IS KNOWN AS THE SAW LA.DY SHE SELLS CTOUSM NDHA SAWS, EACH CARVED WITH A UNIQUE DESIGN. >> THIS HAS GOT A STANDARD FISHING TAIL SAW WHERE SOMEBODY SAYS, I WANT DAD WITH TWO BOYS AND A DAUGHTER, FISHING. KATHERINE: BUT THIS PAST SUMMER, CHINN SAYS SHE STARTED NICOTING BOGUS ADS AND FACEBOOK PAGES PROMOTING DEALS FOR HER ARTWORK. >> THERE WERE A COUPLE ADS THAT D HA10,000 SHARES. KATHERINE: THE BETTER BUSISSNE BUREAU SAYS THE MAJORITY OF THE ADS COME FROM FROM MAINLAND CHINA, CLAIMING TO SELL PUPPIES, CARS, OR LUXURGIY FT OTHERS PROMOTE “FREE” TRIAL OFFERS — ALL OF IT, FAKE. >> IT’S BECOMING MORE SOPHISTICATED AND IT’S WIDESPREAD. ALEXANA:DR 40% OF BBB AMSC TRACKER REPORTS ARE … Read more

Watch out for social media advent calendar scams

BBB Scam Tracker is getting reports of a seasonal spin on social media ad scams. This time, scammers are targeting holiday shoppers with themed advent calendars.

How the Scam Works

As you scroll through your social media feed, you come across a themed advent calendar that looks fun and unique. Judging by the comments on the post, many people have already purchased the item and love it. The post links you to a website where you can make your purchase. Everything looks normal and the price is reasonable, so you place an order. Your credit card is charged, but as the days turn into weeks, you start wondering if you’ll ever receive the calendar. 

In most cases, your calendar never arrives because it never existed. One consumer told BBB Scam Tracker: “I saw an ad on Facebook for a Healing Crystal Advent Calendar. I read the reviews below the ad

Read more
Trump’s social media SPAC jumps for second working day

Shares of Digital Entire world Acquisition Corp., the distinctive objective acquisition enterprise, or SPAC, that will merge with the recently shaped Trump Media & Technological innovation Group, has ongoing to gain steam. 

TRUMP’S ‘TRUTH SOCIAL’ System Offer Draws Sturdy Fascination FROM Investors

DWAC’s inventory closed at $45.50 per share in buying and selling on Nasdaq on Thursday. Buying and selling on the shell enterprise was halted numerous periods all over the day owing to volatility. Shares of DWAC have jumped additional than 189% on Friday to $131.90 apiece as of the time of publication.

Ticker Security Final Modify Change %
DWAC Electronic Planet ACQUISITION CORP. 94.20 +48.70 +107.03%
DWACW Digital Planet ACQUISITION CORP C/WTS 30/06/28 (TO PUR COM) 29.10 +17.81 +157.75%

Meawnhile, Electronic Earth Acquisition Corp’s warrants, or contracts that are given to

Read more
Trump’s ‘Truth Social’ platform offer draws sturdy desire from investors

Previous President Trump’s prepared launch of a social media system drew potent desire from buyers on Thursday, causing shares of SPAC organization Digital Entire world Acquisition Corp. to surge 357% on information of a planned merger.

DWAC’s stock closed at $45.50 for every share in investing on Nasdaq. Investing on the shell business was halted multiple periods through the working day thanks to volatility.

Ticker Security Very last Modify Improve %
DWAC Electronic Planet ACQUISITION CORP. 45.50 +35.54 +356.83%

The previous president mentioned his social media platform would be publicly traded subsequent a merger among the newly formed Trump Media & Know-how Group and DWAC. Dubbed “Truth of the matter Social,” the platform is set to debut

Read more
Social Security payments to jump most in 39 a long time as inflation surges

Thousands and thousands of retirees and other People in america receiving Social Stability added benefits in 2022 are established to get the biggest payment improve in 4 decades, following a pandemic-driven inflation spike.

The Social Safety Administration reported Wednesday that subsequent year’s charge-of-residing adjustment, or COLA, will be 5.9%. That quantities to a regular maximize of $92 for the ordinary retired Wednesday, bringing the total to $1,657, the administration said. A regular couple’s gains would climb by $154 to $2,754 for every month. 

This comes as the countrywide debt hovers at $28 trillion and the deficit sits at $3 trillion, for every the CBO, for fiscal 2021. 

The boost – the steepest once-a-year adjustment since 1982, when recipients saw a

Read more