Man using credit card and laptop for online shopping damircudic//Getty Images
A fraudulent website mimicking Giant Bicycle’s U.S. domain is on the company’s radar, and it has started the process of getting it taken down. According to a report in Bicycle Retailer and Industry News , Giant’s global legal team in Taiwan is working with the Federal Trade Commission to address this online scam.
Allen Needle, Giant’s risk manager, said that while he isn’t aware that any consumers have been scammed by the fake website, he “can’t be sure that no consumer has been affected.”
“It has an effect on our brand and reputation, so even if someone hasn’t put out their cash for this, it is something we take very seriously,” Needle told BRAIN. “This is a problem for the entire industry. Everybody faces some level of this.”
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In the last year alone, several major cycling brands have been targeted by scammers with fake websites impersonating the real deal. According to Bicycle Retailer and Industry News, brands like Shimano, SRAM, and Chris King are among those whose customers have been targeted with promises of deals that seem too good to be true.
A deal that seems like an impossible steal is one of the first clues that a would-be customer should be on the lookout for before keying in their payment information, Needle says. In fact, that’s one […]