BBB warns of "secret sister" holiday gift exchange scams that often lead to disappointment and identity theft.

The Better Business Bureau warns against "secret sister" gift exchange scams during the holidays, which are essentially pyramid schemes on social media. Participants send gifts expecting to receive multiple ones from others, but often end up disappointed and may expose themselves to identity theft. The BBB advises against sharing personal information or buying gifts for unknown individuals and suggests reporting such scams.

December 14, 2024
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