Beware of fake class action ads Page Article How the Scam Works In recent months, social media users have reported a wave of suspicious ads claiming to connect people to lucrative class action lawsuit settlements. One example making the rounds is the so-called “Gibbs Mura Overdraft Lawsuit.” These ads often reference real law firm names or cases to appear credible, but in reality, they are scam traps designed to harvest personal data. Here’s the typical playbook: The Hook – The ad promises quick eligibility checks or cash payouts from a lawsuit settlement, often using legal-sounding terms like “Overdraft Class Action Settlement” or “Gibbs Mura Lawsuit.” Click-Through Page – Clicking the ad sends users to a phony website or landing page, often with a form asking for name, phone, email, bank information, or even Social Security number. Data Collection – Once you provide details, scammers either: Sell your personal data to marketing brokers, or Use the information directly in fraud attempts (phishing emails, fake debt collection calls, account takeovers). Follow-Up Contact – Victims may receive phone calls, texts, or emails pressuring them to provide additional information, pay “processing fees,” or sign fake legal documents. Common Versions of These Fake Ads These scams don’t just target overdraft lawsuits. Variations have included: Bank Fee Class Actions – Ads suggesting you’re owed money for overdraft fees, wire transfer fees, or ATM charges. Data Breach Settlements – Ads falsely tying to well-publicized breaches (like Equifax, T-Mobile, or healthcare companies). Product Lawsuits – Claims about defective products or false advertising (diet pills, skin creams, electronics). Workplace or Employment Class Actions – Ads saying you qualify for a settlement from unpaid wages, unsafe working conditions, or overtime disputes. Government or Stimulus Payouts – Pretending to be class action-like programs tied to government relief checks or refunds. How to Spot a Fake Class Action Ad Check the Source: Real class actions are usually listed on reputable legal or government websites, not through random Facebook or Instagram ads. Look for Red Flags: Spelling mistakes, odd URLs, and vague promises like “Instant approval for settlement money” are giveaways. No Legitimate Up-Front Fees: You should never have to pay to join a class action. Verify Law Firm Names: Scammers may impersonate or invent law firms. Search the firm name independently and call them directly. Too Good to Be True: If an ad claims you’re guaranteed money with “no questions asked,” it’s almost certainly fraudulent. Protecting Yourself Don’t Click questionable ads or sponsored posts. Research independently—if you hear about a class action, look it up on trusted sources like the Federal Trade Commission (FTC), Consumer Financial Protection Bureau (CFPB), or official law firm websites. Report suspicious ads directly through the social media platform and to the FTC at ReportFraud.ftc.gov. Monitor your identity—if you entered personal info on a scam site, consider placing a fraud alert with the credit bureaus and watch your accounts closely. Final Word The “Gibbs Mura Overdraft Lawsuit” scam is just one example of how fraudsters hijack trending legal cases to exploit people. By understanding the tactics behind these fake ads and knowing how to verify legitimate class actions, you can stay a step ahead and avoid becoming a victim.