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If you plan to purchase a gift card this holiday season, beware: Scammers are now using them to swipe your money. A study by the Better Business Bureau (BBB) found that gift card scams nearly ...
The Better Business Bureau (BBB) said in a new report that cases of gift card scams have risen by 50 per cent since last year. From January 2020 until September 2023, the BBB said there had been ...
Impersonation Scams: This is the most common type of gift card scam, where scammers may impersonate a trusted individual or organization, such as a government agency, a utility company, a tech ...
The preferred method of payment in a technical support scam is through gift cards. Gift cards are favoured by scammers because they are readily available to buy and have less consumer protections in place that could allow the victim to reclaim their money back. Additionally, the usage of gift cards as payment allows the scammers to extract ...
December 13, 2023 at 5:14 AM. With the holiday season comes more shopping and with more shopping comes more scams and fraudsters looking to take advantage of your holiday goodwill. From supposed ...
If you purchased a gift card that was used by a scammer, report it to the gift card company directly, request a freeze on the card and make sure to demand a refund.
Elder fraud complaints to the FBI’s Internet Crime Complaint Center rose by 14% last year, with losses increasing by 11% to $3.4 billion, according to a recent FBI report. Other estimates put the annual loss much higher. A 2023 AARP study calculated that Americans over 60 lose $28.3 billion each year to fraud.
How Scammers Try To Collect Gift Cards from Taxpayers Although this scam can happen year-round, it frequently occurs during the holiday season. The IRS recently released a notice to warn taxpayers ...
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