SEATTLE -- When the chief financial officer for Costco gets messaged by his sister asking if that viral Facebook posting about that $75 coupon is for real, you know this is a pretty good scam.
Richard Galanti takes a philosophical attitude.
"They come and they go periodically," he says. "We've all clicked on something and afterwards realized we shouldn't have."
The scam, offering a $75 coupon in honor of Costco's 50th anniversary, has been around since at least 2018, according to fact-checking website Snopes.
All recipients have to do is answer a few simple questions, such as "Do you like shopping?"
And for that you get $75? Wow.
The latest incarnation of the Costco coupon scam began appearing on Facebook a few days ago, and went viral as people shared it.
By Tuesday, the Issaquah-based company, with some 770 stores worldwide, was telling its 2.1 million followers on its Facebook page, "While we love our fans and our members, this offer is a SCAM, and in no way affiliated with Costco."
But how could individuals who think of themselves as smart and relatively savvy click on such a con?
Richard Ross, a Seattle attorney, was scrolling through Facebook on his smartphone when he saw the Costco coupon had been posted by "two people I generally trust."