Warning: Stay away from Classic Closeouts. It is an online discount store, and currently hundreds of people are reporting fraudulent charges on their credit card from this merchant.

Unfortunately, I am among those people who got bitten by the Classic Closeouts scam bug. I have never been to their website or purchased anything from them, at least for the past year, but they posted a charge of $49.99 to my credit card out of nowhere in June. They probably stored my credit card information from a purchase made 18 months ago, for that is the only way I can imagine.

So stay away from them and also be careful about the numerous online merchants out there. You never know who could get hold of your credit card information and what are they going to do with it. There is a lot of unnecessary hassle to get your money back.