Consumer and Finances
A Red Flag That You May Be Getting Scammed: They Want Payment Through a Gift Card
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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. — This article is from the Federal Trade Commission’s Consumer Information blog. The author, Cristina Miranda, works in the FTC Division of Consumer and Business Education.