More than $650 billion is expected to be spent on gift cards and other prepaid cards this year, according to the consulting firm Mercator Advisory Group.
More than $650 billion is expected to be spent on gift cards and other prepaid cards this year, according to the consulting firm Mercator Advisory Group. BOB THAYER KRT file
More than $650 billion is expected to be spent on gift cards and other prepaid cards this year, according to the consulting firm Mercator Advisory Group. BOB THAYER KRT file

Here’s how gift-card scams work and how you can avoid becoming a victim

November 03, 2016 12:45 PM

UPDATED November 04, 2016 02:39 PM

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