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7 Holiday Scams to Watch Out For

The festive season should be a time of celebration — so you obviously don't want to spoil it by falling victim to holiday scams. Busy, high-spending times are precisely the opportunity crooks look for to try to trick you out of your money or steal your identity.

According to Scambusters.org,most holiday scams are variations of tricks you may encounter at any time of the year. Here, we highlight the seven most common areas where they're likely to strike, with the most frequent trick in each group and a list of other seasonal scams to watch out for.

Click ahead to see the seven most common holiday scams as compiled by Scambusters.org.

By: CNBC.com
Posted: 19 December 2011

Photo: Siegfried Layda | Getty Images