Overstock Online Sales

In recent years scammers have been successful at scheming individuals out of their money by posing as or using similar names to popular retailers. They create websites and often register the domains anonymously to hide their true identity. Consumers have been lured to fraudulent websites set up to look like Overstock.com, or an authorized affiliate. While the fake websites may offer too good to be true deals, their true nature of business is to steal your money.

This company’s website, www.overstockonlinesales.com, although currently unavailable, displayed various items at hugely discounted prices. To place an order, customers are directed pay for their merchandise via Green Dot MoneyPak. Complainants allege after they submit payment to the company via Green Dot MoneyPak, they never receive anything.
Business Consumer Alliance warns consumers to research the website and company before you place an order and submit any billing information. Obtain a reliability report and also do an online search for reviews or other information from individuals that have purchased from the company. Only shop secure web sites. These are sites that use encryption technology to transmit information to the merchant. To identify a secure website, always look for the https://. The “s” at the end of http lets you know the site is secure. You can also look for a closed lock in the address bar of the website. Review the terms and conditions, privacy policy, and also check that the company has a reliable method of contact such as a phone number or email address.

Never send money to anyone you do not know before you do your due diligence. Sending money via wire transfer, Western Union, or Green Dot MoneyPak, is the same as sending cash. Once it is sent, it is very difficult and even impossible to receive the money back. Preferably, pay by credit card. If there is a problem, you may be able to dispute the charge.

The company’s website also states it accepts payment via credit or debit card. In order to pay using this method, customers must send the company copies of the front and back of their card, the front of their driver’s license, and proof of address which could include a bank statement, credit card bill, or a utility bill. We caution against doing this. Doing so can lead to fraud, identity theft, and unauthorized charges.