Holiday shopping scams are booming — here’s how to protect your wallet
Holiday shopping scams are booming — here’s how to protect your wallet Online shopping has made holiday gift-buying convenient, but it’s also become a feeding ground for scammers. According to the Federal Trade Commission, Americans reported losing $12.5 billion to fraud in 2024 — a record high. And the holiday season, with its flood of deals and stretched shoppers, is prime time for schemes ranging from fake websites to phishing emails that look like delivery notifications. This article walks through the most common holiday shopping scams and gives concrete steps to avoid them, based on FTC warnings and consumer protection advice. ...