
Avoid Cyber Monday Scams
MainStreet takes a look at the scams Cyber Monday shoppers need to worry about this year and offers some tips for shopping online this holiday season.











Cyber Monday, the online retailers’ answer to Black Friday, has become increasingly popular since its launch in 2005. The National Retail Federation, who’s responsible for what has now become the busiest online shopping day of the year, estimates that 96.5 million Americans shopped on Cyber Monday in 2009, up from 85 million in 2008. And, with holiday spending expected to increase this year, it’s safe to say more shoppers will take to the Web on Monday. While many Americans may appreciate the convenience of shopping from their home computers, some see it as a chance to scam others out of their cash or, worse, their identity. “Scammers take advantage of the shopping frenzy,” says Barry Boone, who runs deals sites CurrentCodes.com and DealHunting.com. So, MainStreet took a look at the scams Cyber Monday shoppers need to worry about this year and offers some tips for shopping online this holiday season. Photo Credit: istolethetv