Beware Of This Gift Card Scam
Authorities are warning people not to fall for a new phone scam involving gift cards.
BRISTOL, ENGLAND – NOVEMBER 03: In this photo illustration credit debit cards are seen on November 3, 2017 in Bristol, England. The Bank of England raised interest rates from a historic low for the first time in ten years this week raising costs of lending and concerns for householder debt. (Photo by Matt Cardy/Getty Images)
(Photo by Matt Cardy/Getty Images)Authorities are warning people not to fall for a new phone scam involving gift cards.
It's a new wrinkle on an old scam that preys on the elderly - someone calls posing as a grandchild that needs money to stay out of jail. The new version involves having the grandparent buy gift cards to places like Walmart or Best Buy, and read the numbers over the phone. V
Victims are also warned not to answer any questions from suspicious store employees.
The FTC says gift cards cannot be used for bail money or tax debts, and that you should report any suspected scam to the authorities.
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