Is ‘the IRS’ asking you to pay by gift card? It’s the latest ‘impostor’ scam.

October 25, 2018

Cash is not king when it comes to the latest round of scams.

The Federal Trade Commission has issued a warning to consumers that criminals are posing as government officials and asking people to use a gift card to pay a bogus tax bill or get a new Medicare card.

This type of crime is adding up to big bucks. The FTC said victims reported losing $20 million to such fraud in 2015. In just the first three quarters of this year, the losses have been $53 million…