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Gift Card Scams

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According to a recent AARP survey, more than 2/3 of US consumers will purchase a gift card for someone this holiday season. While these gifts are easy to give and popular to get, they are also open to fraud. The same survey found that one in three people have either given or received a gift card with no funds on it. Remember these tips whenever buying gift cards.

If buying from a store rack, inspect the card before purchase to make sure that the packaging hasn’t been tampered with and that the code hasn’t been revealed. Better yet, buy gift cards online directly from the retailer, restaurant or other issuer. Be wary of buying from gift card resellers- if you do, make sure they offer a guarantee.

Be a fraud fighter! If you can spot a scam, you can stop a scam.

Visit the AARP Fraud Watch Network at www.aarp.org/fraudwatchnetwork or call the AARP Fraud Watch Network Helpline at 1-877-908-3360 to report a scam or get help if you’ve fallen victim.

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