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If you plan to purchase a gift card this holiday season, beware: Scammers are now using them to swipe your money. A study by the Better Business Bureau (BBB) found that gift card scams nearly ...
Here’s how the gift card scam works: Scammers tamper with gift cards in stores using handheld scanners to capture card information, then periodically check the balance by calling the retailer ...
A common gift card scam involves a card that isn’t fully usable because the balance isn’t what was indicated, the balance is zero or the entire card is counterfeit.
What to know about the gift card scam:Police warn holiday shoppers about card draining. Holiday drinks: Try one of these 12 Christmas, holiday craft beers from Louisville breweries.
Impersonation Scams: This is the most common type of gift card scam, where scammers may impersonate a trusted individual or organization, such as a government agency, a utility company, a tech ...
The preferred method of payment in a technical support scam is via gift cards. [41] Gift cards are favoured by scammers because they are readily available to buy and have less consumer protections in place that could allow the victim to reclaim their money back. Additionally, the usage of gift cards as payment allows the scammers to extract ...
If you purchased a gift card that was used by a scammer, report it to the gift card company directly, request a freeze on the card and make sure to demand a refund.
The Oregon Division of Financial Regulation offers these tips to keep scammers from stealing your money via gift cards.
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