Scammers find the holidays to be a wonderful time for stealing from unsuspecting victims. They know that the gift-giving season inspires others to spend a lot of money, which means that sensitive information, like credit card numbers, is up for grabs in bulk. As a consumer yourself, you’ll have to keep an eye out for these scams to make sure that you’re staying as safe as possible this holiday season.
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As the modern gift certificate, the gift card has become an institution, especially around the holidays. Thousands of companies offer statically-priced and reloadable gift cards. With that much cheddar flying around it isn’t a surprise that there is big business in gift card theft. The FTC has stated that gift card scams are up a whopping 270 percent since 2015. With so much money at stake, keeping yourself out of the way of the scammers has to be priority one.
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