Money may earn a commission when you click on the products and services below. Opinions are our own,
but compensation and in-depth research determine where and how they appear. Learn more about how we make money.

Gift cards may be an especially popular gift this holiday season, thanks to a global supply chain disaster that’s making it tough to get a hold of electronics and other items, but they’re also a go-to vehicle for scammers.

There were about 35,000 fraud reports related to gift or reload cards in the first half of 2021, according to data from the Federal Trade Commission (FTC). (A reload card is like a prepaid debit card that you can add money to for purchases.) This year is on track to be the worst year yet for gift card scams, Scam Spotter, a cybersecurity platform launched by Google and the nonprofit…

Read full article at


Comments are closed.