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.

Getting cash from your credit card is known as a cash advance and although the process is easy, doing so comes with some pitfalls. Read more about how to get cash from a credit card.

Gift card and reload card fraud cost $228 million last year, according to the Federal Trade Commission. What is being done about this scam? The Retail Gift Card Association and Vanilla Gift tell ...