Team Clark is adamant that we will never write content influenced by or paid for by an advertiser. To support our work, we do make money from some links to companies and deals on our site. Learn more about our guarantee here.
When the end of the year rolls around, you can always count on three things: holiday music in the stores, packing on a little weight and a Christmas gift exchange either at work or among friends. But if you see something about the latter on Facebook, look out! It just might be a scam.
The “Secret Sister gift exchange” scam has popped again on social media, just in time to capitalize on unsuspecting people in a giving mood.
The bottom line is the “Secret Sister” scam has all the hallmarks of a pyramid scheme. That’s why law enforcement authorities are warning Facebook users not to fall for this old trick.
The way it works is that Facebook users run across a post that says that if they give a single $10 gift, other kind users — up to 36 in all — will contribute scores of other gifts in return.
The scam is prevalent this time of year — so much so that two members of Team Clark say such a post came into their Facebook feed just recently:
Police in Wisconsin and other cities are also warning people not to fall for the scam, because it might be illegal.
Keep up to date with the latest safety tips and more at Clark.com. Subscribe to our newsletter and follow us on Twitter and Facebook!
You walk into a Costco browsing for treasures and hoping to find some delicious free…
If you've been considering signing up for one of the Chase Sapphire credit cards, now…
The costs associated with owning a home go way beyond the amount on the mortgage. …
Inflation hits people on a fixed income the hardest. Say you're retired. You're living off…
Deciding to save and invest are great habits. But once you check that box, your…
If you're considering subscribing to Fubo, you need to be comfortable missing out on some…