{"id":29945,"date":"2022-05-18T20:21:15","date_gmt":"2022-05-18T20:21:15","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/05\/18\/scammers-seeking-to-exploit-baby-formula-shortage-ftc-warns\/"},"modified":"2022-05-18T20:21:15","modified_gmt":"2022-05-18T20:21:15","slug":"scammers-seeking-to-exploit-baby-formula-shortage-ftc-warns","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/05\/18\/scammers-seeking-to-exploit-baby-formula-shortage-ftc-warns\/","title":{"rendered":"Scammers seeking to exploit baby formula shortage, FTC warns"},"content":{"rendered":"
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Scammers seek to take advantage of American parents struggling to find formula for babies in the midst of a national shortage<\/span> of nutritional products, the Federal Trade Commission warned on Wednesday. <\/p>\n

The agency urged consumers looking for formula on the Internet to be wary of people who say they sell branded products but do not offer them after someone makes an online purchase.<\/p>\n

“Scammers exploiting the high demand for baby formula have fallen to new lows. They are appearing online and are fooling desperate parents and caregivers into paying high prices for the formula that never arrives,” the FTC said in a statement. <\/p>\n

In some cases, scammers create fake websites or social media profiles and use brand logos and product photos to attract customers. They trick consumers into providing payment information for products they never receive. Others are getting customers on e-commerce platforms like eBay, charging hundreds of dollars for a formula that typically sells for less than $ 20. <\/p>\n

Rising prices, or offering products at prices well above market, violate eBay’s policies and are banned from the site, a spokesman for CBS MoneyWatch said. <\/p>\n

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