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    Tennesseans Lost Nearly $1M to Gift Card Scams in 2018

    Monday, December 10, 2018 | 12:49pm

    NASHVILLE – For scammers, the season of holiday giving is the season of taking, and Tennesseans’ hard-earned money again tops scammers’ wish lists. Unfortunately, Tennessee consumers are falling for scammers’ ploys when it comes to gift card swindles in increasing numbers. The Federal Trade Commission (FTC)’s Consumer Sentinel Network reports Tennesseans lost nearly $1 million – over $943,000 – through prepaid gift card scams in 2018, which is a 44 % increase compared to 2017 when scammers stole $653,709 from consumers.

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