
You are standing in the checkout line, gripping a handful of gift cards for teachers, nieces, and the mail carrier. You feel accomplished, thinking you have knocked out half your holiday shopping list. But there is a silent grinch lurking on that rack, and you might not realize you have been robbed until the recipient tries to spend that money.
Authorities in Washington DC are sounding the alarm on a sophisticated ‘invisible’ gift card scam draining bank accounts right now. It is subtle, high-tech, and incredibly frustrating. Before you head to the register, you need to know exactly what to look for to protect your hard-earned cash.