We can t all read our loved ones minds. That s why companies expect Americans to spend nearly $30 billion on gift cards during this holiday season, according to the National Retail Federation.
According to the FBI, Americans lost more than 200 million in non-payment and non-delivery scams in 2022, and close to $8.8 billion overall according to the FTC.
Some sites devote more resources to vetting fundraisers than others. A spokeswoman for GoFundMe said the platform has the only donor protection guarantee in the crowdfunding industry.
Filed by an 89-year-old Memphis woman, the lawsuit is critical of bank staffers for not flagging the actions of someone who had never wired money before.