During the first nine months of 2021, 40,000 people reported losing over $148 million in gift cards to scammers. And we are only now entering the Christmas season. According to the Federal Trade Commission (FTC), these are staggering numbers that have increased each year for the past several years. Since 2018, gift cards have been the most frequently reported payment method for fraud. According to the FTC, most gift card scams start with a phone call from someone impersonating a branch of t
