5 On Your Side

Don't fall for it: Gift card scams can cost thousands

Posted February 19, 2020 6:10 p.m. EST
Updated February 19, 2020 6:58 p.m. EST

People are warning of scams that cost them thousands of dollars. They were coerced to buy gift cards.

A viewer from Harnett County, who is retired and did not want to be identified, said, "I haven't told anyone about it because I'm actually ashamed to admit I was so stupid to be duped like this."

He lost $2,000 to a scam involving an email and then phone call supposedly from Amazon.

He was told they over-credited his account.

The scammer convinced him to buy gift cards to make up the difference.

A viewer in Halifax County reached out after losing $4,000 in another gift card-related scam.

He got a call saying his Social Security number came up connected to crimes committed out of state, and that he needed to change his SSN and a bank account it was connected to right away.

The scammers told him he could do it safely with them through gift cards.

While most people think they would never fall for a scam, all of the victims 5 On Your Side has talked to over the years thought the same thing.

The problem is, when you get a call out of the blue, you're caught off guard and these professional scammers put the pressure on, and you fall victim.

If you get a call from anyone saying they need you to buy gift cards as payment to resolve a problem: Do not do it!

Hang up!

5 On Your Side has never heard of a legitimate case of a company, law enforcement, government agency or family member wanting payment in gift cards.

Share this warning with your family and friends.

Have you been a victim? The FTC wants to hear from you.

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