Gift Card Scams Are on the Rise: How to Spot Them and Protect Your Money
Gift Card Scams Are on the Rise: How to Spot Them and Protect Your Money If you get a call demanding payment with a gift card, it’s a scam. That message comes not only from consumer advocates but recently from the District of Columbia Attorney General’s office, which issued an alert warning residents about a surge in gift card fraud. While the alert targeted Washington, D.C., the scam itself is nationwide. Gift card scams are among the most frequently reported types of fraud to the Federal Trade Commission. Understanding how they work—and what to do if you’ve been targeted—can save you hundreds or thousands of dollars. ...