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• Free After Rebate -- What's the Catch? (Wall Street Journal, 3/5/2001)
  • This story, linked from the NewsEdge site, describes the profitable income streams that Joel Granik purported CyberRebate had.
• When "free" products are no bargains (cnet.com, 2/23/2001)
  • Consumer advocate Brian Livingston advises against taking advantage of CyberRebate's free-after-rebate offers.
• Free Gifts at CyberRebate (cnnfn, 11/20/2000)
  • audio interview with CyberRebate CEO Joel Granik about how Christmas gift purchases can be free!
• E-Shopping on the Cheap (Boston Globe, 11/20/2000)
  • CyberRebate is one among many sites mentioned, the only caution being that things cost "near list price" (?) and you have to wait a long time for the rebate.
• Bargains Online Worth the Wait (Des Moines Register, 4/9/2000)
  • Summary from Northern Light: If you get excited by rebates, you'll want to check out http://www.cyberrebate.com, a Web site that sells a range of items on which most or all of the purchase price will be refunded. But be aware, you may have to wait up to three months to get your rebate check in the mail. CyberRebate, based in Cedarhurst, N.Y., was founded in May 1998 as "The Rebate Company" and switched to its online format last October.

Post-Bankruptcy Stories

• WJBF, Atlanta (8/21/2001)
  • Summary: Customers lost $80 million.
• CNN (7/26/2001)
  • Summary: Although CyberRebate is "an extreme example of rebates run amok", there are frequently problems getting rebates, as well as rebate offers that are problematic in other ways. The FTC is watching!
• Courier News (7/16/2001)
  • Summary: CyberRebate was just one of many ways to lose money on the internet.
• San Diego Channel (6/14/2001)
  • Summary: Brief description of CyberRebate demise and places to file complaints.
• Searcher (6/2001)
  • Summary: This story was evidently written before the bankruptcy filing. It details one person's excessive enthusiasm followed by the nervousness waiting for the rebate checks.
• DM News (5/29/2001) [article archived]
  • Summary: Consumers and other creditors left in the lurch by the bankruptcy. Gartner Group analyst Adam Sarner calls CyberRebate's business model a "trick".
• E-Commerce Times (5/25/2001)
  • Summary: The author defends his position that foolish consumers are to blame for being scammed.
• Newsday (5/24/2001) [article archived]
  • Summary: Synopsis of CyberRebate's troubled history and likelihood of future trouble for customers who had been awaiting rebates.
• PCWorld.com (5/24/2001)
  • Summary: Customers' precautions didn't protect them.
• E-Commerce Times (5/22/2001)
  • Summary: The author puts most of the blame on the self-deception of consumers who fell for this scam.
• Wired.com (5/22/2001)
  • Summary: Chances of recovery during bankruptcy proceedings, and additional reports of consumer losses in Money Back or Rebate Runaround .
• E-Commerce Times (5/21/2001)
  • Summary: Individual consumers, some of whom lost tens of thousands of dollars, discuss their plight online and whether credit card companies should take the loss.
• Wired.com (5/19/2001)
  • Summary: Experiences with ordering from CyberRebate and attempting to dispute credit card charges are discussed in The Day the Rebates Died .
• WSJ Interactive Edition via ZDNet News (5/18/2001)
  • Summary: The subtitle says it all: It seemed too good to be true, and apparently it was.
• cnet.com (5/18/2001)
  • Summary: Bankruptcy impacts thousands of customers. Comments from government agencies, credit card companies, and consumers in Millions Vaporized in CyberRebate Collapse. Claims that CR could have doubled it's money with a 5% breakage rate... unstated assumption is that CR could purchase merchandise at 25% of the price it was available to consumers elsewhere.
• KOMO-TV
  • Summary: University of Washington student spent $15,000 at CyberRebate over 2 years, was awaiting $5,000 in rebates at time of bankruptcy.
• reveNews
  • Summary: Discussion of the impact of the CyberRebate bankruptcy from the perspective of affiliates.

Archived articles require a search of the archive and payment of a fee to access. Some articles may be cached at http://google.com .

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