FTC Report: Gift Card Scams Increased This Year – Forbes Advisor

The Federal Trade Commission saw more gift card scam reports in the first nine months of 2021 than it did in all of 2020. Here’s how to avoid them.
Gift card scams are on the rise—and they may be happening just feet from your place in the checkout line. In the first nine months of 2021, nearly 40,000 consumers reported losing $148 million in gift card scams, according to a new report from the Federal Trade Commission (FTC). That’s more than what was reported […]

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FTC on X: Gift cards are much more likely to be reported as the payment on certain types of fraud. Nearly 90% of reported gift card payments to scammers are on these top frauds. More: / X

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