Top 4 Gift-Card Scams to Avoid This Holiday Season and Beyond

As the most popular holiday gift, gift cards — millions of them — will be exchanged this season. Unfortunately, though, they often wind up in the hands of scammers. Because they provide an easy and virtually untraceable payoff, and consumers have heeded well-publicized warnings about the risks of sending payments by wire transfers and prepaid debit cards, gift cards have become the preferred payment method among fraudsters. Among the reigning gift-card scams: Payment ploys. Whether the claim is that you …