On 8 December, the US Federal Trade Commission issued a news release saying that, that in the first 9 months of 2021, consumers reported losing $148 million in scams where gift cards were used as the form of payment. That amount is more than was reported in all of 2020, and nearly 40,000 consumers reported using gift cards to pay a scammer. A new development noted is the emergence of Target gift cards as the most popular choice for scammers in the reports received by the FTC.
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