$12.5B
FTC-reported fraud losses in 2024
FTC says consumers reported losing $12.5 billion to fraud in 2024.
An email or text impersonating your boss or company executive urgently asks you to buy gift cards for clients or employees and send the card numbers — a business email compromise variant.
“gift card scam”
↑ 29%Key indicators
Estimated impact
$1.2K
median reported loss
Scam breakdown
Scammers impersonate a CEO or manager via a spoofed email or text message.
They claim gift cards are needed urgently for a client appreciation event, team reward, or similar pretext.
The employee buys the gift cards with personal or company funds and sends the numbers, which are immediately redeemed by the scammer.
What to do first
Verify any unusual request from a supervisor by calling or speaking to them in person — not by replying to the email.
Related terms
Real-world example
Based on reported patterns. Names and details are illustrative.
The setup
Priya, 35, a employees, encountered what appeared to be a legitimate gift card scams situation while using Email. Scammers impersonate a CEO or manager via a spoofed email or text message.
Step 2
What happened next was calculated: They claim gift cards are needed urgently for a client appreciation event, team reward, or similar pretext.
Step 3
The pressure escalated quickly: The employee buys the gift cards with personal or company funds and sends the numbers, which are immediately redeemed by the scammer.
The outcome
Priya realized something was wrong when email or text from your boss asking you to urgently buy gift cards. By that point, significant damage had already been done — money sent, personal information shared, or trust exploited.
The lesson
Verify any unusual request from a supervisor by calling or speaking to them in person — not by replying to the email. Priya's experience shows why email or text from your boss asking you to urgently buy gift cards and the request says to keep it confidential and not tell anyone until the 'surprise' are the clearest early warning signs.
How to identify it
What to do now
What to save before reporting
How big is this problem
These numbers come from government agencies and official reports. If you have been affected, know that this is a widespread problem — not something that only happens to careless people.
$12.5B
FTC says consumers reported losing $12.5 billion to fraud in 2024.
Imposters
FTC says imposter scams remained the most commonly reported fraud category in 2024.
History and evolution
Recovery and follow-up
Why this pattern keeps working
Even when the story changes, most scams still use the same pressure pattern: urgency, authority, and a request to move money or data fast.
The FBI IC3 identifies business email compromise — including gift card request variants — as one of the costliest forms of cybercrime, with billions in losses annually.
FBI IC3 2024
Where to report it
If you have been targeted by this scam, reporting it helps authorities track the pattern and protect others. United States has dedicated agencies that handle fraud reports.
ReportFraud.gov
Federal Trade Commission
Central U.S. consumer fraud reporting portal.
File an IC3 complaint
FBI Internet Crime Complaint Center
FBI portal for internet-enabled crime reports.
Start identity theft recovery
IdentityTheft.gov
Official U.S. identity theft recovery plan builder.
Explore further
Who is most at risk
Primary targets
Employees, Gift card buyers
Geographic concentration
United States, United Kingdom, Canada, Australia
Primary channel
Email — Gift card scams
Why this group is vulnerable
Employees are particularly vulnerable because this scam exploits trust in familiar brands, authority figures, and time-sensitive decisions. The growing number of reports suggests that awareness among this demographic remains low.
Sources and methodology
OpenScam tracks scam patterns using a combination of government consumer protection databases (FTC, IC3, Action Fraud), platform-specific fraud reports, and verified consumer complaint data. Each entry is cross-referenced against at least two independent sources before publication.
Severity ratings are based on financial impact potential, reversibility of damage, and volume of reports across multiple reporting channels. Trend velocity reflects the rate of change in report volume over the most recent 90-day window.
This page was last verified on 2026-04-04. Red flags, recovery steps, and reporting resources are reviewed quarterly against current agency guidance.
Evidence and indicators
Source notes
Frequently asked questions
Scammers impersonate a CEO or manager via a spoofed email or text message. They claim gift cards are needed urgently for a client appreciation event, team reward, or similar pretext. The employee buys the gift cards with personal or company funds and sends the numbers, which are immediately redeemed by the scammer.
Email or text from your boss asking you to urgently buy gift cards The request says to keep it confidential and not tell anyone until the 'surprise' The sender asks you to reply with photos of the card numbers and PINs
Verify any unusual request from a supervisor by calling or speaking to them in person — not by replying to the email. Establish a company policy that gift card purchases require verbal confirmation from a known number. Report the phishing email to your IT department and the FBI IC3.
This scam primarily targets Employees, Gift card buyers. It is most commonly reported in United States, United Kingdom, Canada, Australia and typically appears on Email.
boss gift card request scam is currently on the rise with growing reports. It has been reported across US, UK, CA, AU. Last updated 2026-04-04.
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Help someone avoid this scam.
Scammers succeed because people do not talk about it. If you or someone you know has been affected, there is no shame in it — it happens to millions of people every year. Share this page with friends and family so they know what to look for.
Relevant collections