Sales of gift cards have risen to $124 billion this year – a 55 percent increase over six years, according to a report by CEB TowerGroup.
While gift card giving increases, Better Business Bureau serving Alaska, Oregon and Western Washington warns shoppers that gift card scams also are on the rise.
This holiday season, the BBB encourages consumers to watch out for the following:
Digital theft: Cybercriminals create a website and pose as an online retailer. When consumers enter their gift card information to make a purchase, the scammers clean out the balance.