Better Business Bureau warns of gift exchange scams

The Better Business Bureau of Minnesota is warning consumers about gift exchange scams during the holidays.

TheBBB says gift exchanges – like the “Secret Sister” post that’s being shared widely on Facebook – are actually illegal pyramid schemes.

They say the scams are effective in part because it usually starts with someone you trust, so a victim may not think much about it.

The BBB recommends ignoring gift exchange offers on social media and urges consumers to never give out private information online.

© 2020 HBI Radio Bemidji, LLC d/b/a Paul Bunyan Broadcasting 502 Beltrami Ave NW, Bemidji, MN 56601 This website is not intended for users located within the European Economic Area