According to the the Better Business Bureau, gift cards are considered by many to be a popular and convenient gift-giving option – especially around the holidays. According to a new study from Capital One Shopping,

It is the holiday shopping season and many people elect to buy gift cards, however, there are some things to remember before you buy them, or if you receive them.

Scammers take advantage of this time of year by posing as legitimate businesses or government agencies and pressuring unsuspecting victims to make payments via gift cards. According to recent data from the Federal Trade Commission (FTC), Americans lost nearly $217 million to gift card scams last year alone.

You get an email saying you've won a free gift card. You might think it’s possible, given that every shop now asks for your email address and enters you into prize drawings. But it’s actually a scam.

While gift cards are a convenient gift to give this holiday season, they can also be a target for scammers. Law enforcement agencies are warning about a scam called “card draining.” Essentially, a scammer will take the pin and card number off a gift card, and then use the information to siphon the money.

Gift cards are a popular choice for holiday gift-giving, offering convenience and flexibility. However, they have also become a prime target for scammers, lead

As the holidays approach, a Southern California police department is warning shoppers to be on the lookout for a gift card fund-draining scam. “Fraudsters are tampering with gift cards on store racks,