The Fraud Codex

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Is Wish a Scam?

wish.comHigh Risk
Risk Assessment
65%Risk Score
High Risk

Summary

Wish is a legitimate e-commerce platform (NASDAQ: WISH) that has faced significant challenges including FTC action over misleading advertising and a 95%+ stock decline from IPO.

Wish is legitimate but has significant issues. The FTC took action against them for fake reviews and misleading ads. While not technically a scam, proceed with extreme caution.

Company Information

Parent Company
ContextLogic Inc.
Founded
2010
Headquarters
San Francisco, CA
Stock
NASDAQ: WISH
Employees
1,000+

Trust Indicators

Concerns

  • FTC $2M settlement for misleading ads (2022)high[source]
  • Product quality frequently does not match imageshigh[source]
  • BBB F ratinghigh[source]
  • Stock declined 95%+ from IPOmedium[source]
BBB Rating
F
Trustpilot
1.5/5
BBB Complaints
12,000

💡 Recommendations

  • 1.Only spend what you can afford to lose
  • 2.Never buy safety-critical items
  • 3.Assume product quality will be very low
  • 4.Document everything for potential disputes

📚 Sources

FTC Press Release - Wish SettlementBBB Business Profile (F Rating)SEC Filings (ContextLogic)NASDAQ Stock InfoTrustpilot Reviews
Last updated: 2026-01-22

Disclaimer: This analysis is for informational purposes only. Information may be incomplete, outdated, or inaccurate. Our assessments should not be the sole basis for financial, legal, or personal decisions. Always conduct your own research and due diligence.