Stores Try To Crack Down On Gift Card Scams

<p>Gift cards are the most popular&nbsp;items on consumers' wish lists for the 12th straight year.&nbsp;</p>

Wednesday, November 21st 2018, 12:14 pm

By: News 9


Gift cards are the most popular items on consumers' wish lists for the 12th straight year. They're also a growing focus for scam artists.

Walmart, Target and Best Buy are cracking down on fraud, with limits like the number of gift cards that can be bought and how much money can be put on each card. 

About 26 percent of victims reporting scams this year were tricked into paying with gift cards. Losses totaled $53 million.

The FTC says anyone who calls and "demands payment by gift card is always, always, always a scammer."

logo

Get The Daily Update!

Be among the first to get breaking news, weather, and general news updates from News 9 delivered right to your inbox!

More Like This

November 21st, 2018

March 22nd, 2024

March 14th, 2024

February 9th, 2024

Top Headlines

April 25th, 2024

April 25th, 2024

April 25th, 2024

April 24th, 2024