Wednesday, October 17, 2018

FTC Consumer Alerts: Scammers demand gift cards

Consumer Alerts from the Federal Trade Commission
by Cristina Miranda
Division of Consumer and Business Education, FTC

Gift cards are a great way to give a gift. But did you know they are also a scammer's favorite way to steal money? 

According to the FTC's new Data Spotlight, more scammers are demanding payment with a gift card than ever before – a whopping 270 percent increase since 2015.

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This is a free service provided by the Federal Trade Commission.

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