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ORANGE AND ROCKLAND UTILITIES: NEW LAW TO GUARD AGAINST GIFT CARD SCAMS

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Businesses are Required to Post a Warning About Potential Gift Card Fraud
the staff of the Ridgewood blog
Pearl River NY, Orange and Rockland Utilities today advised its customers that New York State has adopted a new consumer protection law designed to help shield NYS consumers from potential gift card scams.
The new law requires all businesses selling gift cards to display a notice at or near where any gift cards or gift certificates are displayed or sold to alert consumers about gift card fraud.
Requesting gift cards as payment has become increasingly popular with thieves as funds are nearly impossible to trace. According to the Federal Trade Commission in 2022, nearly 65,000 consumers filed a complaint related to gift card scams, equating to a total loss of $228.3 million.

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Division of Consumer Affairs Issues Alert on Gift Card Scams and Guidelines for Retailers to Prevent Fraud

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the staff of the Ridgewood blog

Ridgewood NJ,acting Attorney General Matthew J. Platkin today announced that the Division of Consumer Affairs has issued a consumer alert on gift card scams along with guidelines for retailers to train their employees on signs that a consumer is falling victim to this common form of fraud.

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