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Gift Cards: A Red Flag Of A Scam by Suzanne Black

Sponsored Content provided by Suzanne Black - AARP NC Coastal Associate State Director, AARP AARP wants to help protect you from fraud. A key part of being able to spot a scam is knowing the red flags – those signs that suggest that just maybe what you’re confronting isn’t legitimate. One of the biggest red flags these days is anyone who tries to convince you that you owe some debt or other obligation, and the quickest way to address the issue is to purchase gift cards and share the information off the back. Why gift cards? First, they are readily available. You see them at your grocery store, department store, and hardware store. Second, it’s a way that criminals can get your money instantly and the money is easy to move around. As soon as a target sends the numbers to the gift card they’ve purchased, the criminal is able to convert it to currency in an instant. Not surprisingly, the Federal Trade Commission reports that gift cards have been the most common form of paym

AARP fraud network helps avoid gift card scams

AARP fraud network helps avoid gift card scams Keith Srakocic/AP FILE- In this Jan. 31, 2018, file photo, an assortment of credit cards and rewards cards are shown in Zelienople, Pa. Rewards-earning credit cards can help you save on these expenses — but you can also combine those rewards with other money-saving strategies to help you hang on to even more of your cash. (AP Photo/Keith Srakocic, File) and last updated 2021-04-08 05:56:38-04 AARP is helping people protect themselves from scams with its Fraud Watch Network. According to AARP, scammers like to use gift cards because they re readily available and basically untraceable. Other popular scams include social security scams, IRS imposter fraud and romance scams.

Fraudsters Pose as Clergy, Ministers in Impostor Scams

Fraudsters Pose as Clergy, Ministers in Impostor Scams
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