These scams can also do serious damage to your wallet. The Federal Trade Commission (FTC) reports that consumers lost a total of $233 million to fraudsters in 2021, thanks to gift card scams.

Tech 6 sneaky gift card scams to watch out for this holiday season How to detect, defend against gift card scams By Kurt Knutsson, CyberGuy Report Fox News Published November 27, 2024 10:00am EST ...

Gift cards are convenient and thoughtful gifts, but they’re also an easy target for scams. By staying informed and cautious, you can protect your money and personal information.

Gift card fraud specifically resulted in the loss of $54.4 million in the third quarter of 2024, with 11,743 incidents reported to the FTC.

Scam #3: Romance Gift Card Scam This gift card scam has many variations, but someone will pretend to be romantically interested in you through social media or a dating platform.

"Worldwide, gift cards are sold in the billions of dollars, but there has been $217 million approximately as of last year in fraud. The most common gift card scam that we see when it comes to the ...

If you feel like you have been scammed or have purchased a gift card and are worried it might be a scam, always contact the BBB at their website or this number (256) 533-1640.

And right now, she said gift card scams top a lot of lists. “We anticipate a 27 percent increase in gift card scams and that happens during the gift card season.

STATE POLICE SAY AN ELDERLY LEBANON COUNTY COUPLE LOST MONEY IN A GIFT CARD SCAM. THEY WERE APPROACHED BY A SCAM THAT WE’VE ...

Scam of the Week generally runs every Tuesday. Readers are welcome to contact reporter Jake Hutchison to report scams and potential scams they have come in contact with by calling 828-1329 or via e… ...

Gift card payment scams have been on the rise since 2018, and the average scheme nets a loss of about $800 to the victim. Typically, fraudsters reach victims over the phone.

And gift cards are great to give as a gift, but it's unlikely a big company is giving you one for nothing. On day 5 of our "12 Scams of Christmas," why free gift cards will likely cost you your data.