‘Tis the season to get scammed on Facebook

'Tis the season get scammed on Facebook

With Christmas fast approaching the scam artists have come out in full force, and where better to scam someone then where fake news rules supreme. In case you’re wondering, I mean Facebook.

Reports are coming in about secret gift exchanges, such as the ‘Secret Wine Bottle Exchange’. In this particular Facebook post the poster asks for 6 to 36 wine lovers to buy a bottle of wine and send it to someone on the gift exchange list. Then your guaranteed to receive 6 to 36 bottles of wine yourself. While not quite on the level of Bernie Madoff, this is nothing more than a pyramid scheme. Once the person at the top of the pyramid receives their 6 to 36 bottles of wine, they have their ill-gotten booty and the rest of the pyramid is left holding the wineskin. For pyramid schemes to work you have to keep recruiting more and more participants. Eventually it becomes increasingly difficult to recruit more people and the lower tiers of the pyramid are left empty-handed while the top levels have already abandoned this set of marks and have moved on to something new.

It’s not just wine exchanged though. These scams could appear with a myriad of titles, most referring to some type of ‘secret’ gift exchange promising you unreal returns. If you see someone on your Facebook feed sharing these posts you may want to politely let them know that they’re being scammed.

While Christmas is a time for sharing and giving, it’s also the most wonderful time of the year for scammers and con artists as they love to prey on people’s spirit of generosity during this season.