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.
