Scams can take many forms, but there is one thing many of them have in common: how scammers try to take your money.If someone you don't know is asking you to send money through gift cards, you're probably being scammed.Scammers are big fans of gift cards because they are easy to purchase, easy to send and impossible to trace to the scammer. It's not even necessary for the scammer to be in possession of the actual gift card to use the money on it. Providing the gift card numbers or sending a picture is sufficient for the scammer to use the card to buy things that can then be sold and converted into cash.It's important to remember that no legitimate company and no government agencies ask for or accept gift cards as a payment method.According to the Federal Trade Commission, consumers lost $233 million to gift card scams last year. The FTC said Target gift cards were the most popular choice for scammers, with them asking specifically for Target gift cards twice as often. Other common requests were Amazon, Google Play, iTunes and MoneyPak.Scammers will also ask for gift cards from Visa, Mastercard and American Express.If you realize you have been scammed, contacting the gift card provider as quickly as possible can improve the chances of saving your money.Also, more retailers are asking consumers why they are buying the cards in an effort to stop the scams.
Scams can take many forms, but there is one thing many of them have in common: how scammers try to take your money.
If someone you don't know is asking you to send money through gift cards, you're probably being scammed.
Scammers are big fans of gift cards because they are easy to purchase, easy to send and impossible to trace to the scammer.
It's not even necessary for the scammer to be in possession of the actual gift card to use the money on it. Providing the gift card numbers or sending a picture is sufficient for the scammer to use the card to buy things that can then be sold and converted into cash.
It's important to remember that no legitimate company and no government agencies ask for or accept gift cards as a payment method.
According to the Federal Trade Commission, consumers lost $233 million to gift card scams last year.
The FTC said Target gift cards were the most popular choice for scammers, with them asking specifically for Target gift cards twice as often. Other common requests were Amazon, Google Play, iTunes and MoneyPak.
Scammers will also ask for gift cards from Visa, Mastercard and American Express.
If you realize you have been scammed, contacting the gift card provider as quickly as possible can improve the chances of saving your money.
Also, more retailers are asking consumers why they are buying the cards in an effort to stop the scams.
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November 12, 2023 at 11:56PM
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Asked to pay by gift card? You're probably being scammed - WGAL Susquehanna Valley Pa.
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