And those gift card companies want to give that money back," the FTC said in its blog post. Here are steps, highlighted by the agency, that consumers should take if they suspect they have been conned.

CNBC Select looks at ways to avoid gift card scams and how to get your money back should you fall victim to one.

A gift card scam called card draining is spanning California and other regions across the country. Here's what you need to know. What to know 📋 How to talk money 🤑 💸 to your 📩 See top ...

Shoppers planned to buy three to four gift cards, spending about $50 per card, the group said, boosting total gift-card spending in 2023 to $29.3 billion, up from $28.6 billion last year.

nComm Financial Services, a Georgia-based company that makes many of the popular gift cards sold in stores and its partner banks are facing a lawsuit filed by San Francisco City Attorney David ...

Ally Bank surprises shoppers with gift cards 00:46. All 50 states and the District of Columbia have unclaimed property programs. Combined, they return around $3 billion to consumers annually, says ...

Gift cards typically limit you to a specific merchant, but if you know this simple trick, you can spend it anywhere you want. How To Sell Unwanted Gift Cards for Cash ...

In a July survey, Bankrate found that 47% of U.S. adults had at least one unused gift card worth an average of $187. That's a total of $23 billion in unspent money.