The Seniors Center Blog: “Secret Sister” gift exchanges are secretly scams

Social media “Secret Sister” gift exchange is an illegal pyramid scheme in a Santa suit, says Better Business Bureau - The Seniors Center Blog

It’s that time of year, When the world falls in love, Every song you hear seems to say, Merry Christmas, Please give us your name, address, The contact information for several of your close friends and family, And ten dollars, and you might receive, Up to 36 gifts in return from everyone participating, In this…

The Seniors Center Blog

…And not just any scams. They’re full-blown pyramid schemes. Participate in one of these seemingly harmless online gift exchanges, and you could lose your buy-in fee, your identity, and could possibly face mail fraud charges.

This scam has appeared every holiday season since 2015, and it has already made its 2020 debut. And THIS year could be the most successful year for the “Secret Sister” scam yet.

Head over to The Seniors Center Blog to learn more so you can protect yourself and your loved ones from ending up one of the many losers at the bottom of this pyramid.