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Gift Cards Remain Scammers’ Favorite Way to Extract Money from Consumers

December 31, 2020

The Federal Trade Commission (FTC) recently released its analysis showing that the number one way scammers have extracted money from defrauded consumers is through gift cards.  In its press release, found here, the FTC stated that that consumers have spent almost $245 million since 2018 on gift cards that went to scammers.  The FTC’s…

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Peter D. Stiteler

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