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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 ...
The FBI is warning of an uptick in holiday gift card scams.
According to a recent survey from the Blackhawk Network, 84% of respondents had planned on purchasing a gift card for the holidays. The data also found that 72% of American consumers were aware of...
Report the gift card scam to the gift card company right away. No matter how long ago the scam happened, report it. ... Don’t pay for anything with a gift card. Gift cards are for gifts. If ...
However, there is a bad side to gift cards that everyone should be aware of: gift card scams. According to the FTC , consumers reported 48,800 cases of gift card fraud or reload card fraud ...
Again, the use of card security codes [8] can show that the cardholder (or, in the case of the three-digit security codes written on the backs of U.S. credit cards, someone with physical possession of the card or at least knowledge of the number and the code) was present, but even the entry of a security code at purchase does not by itself ...
The number on the gift card and store receipt will help you file a report with store and gift card company if you lose the gift card or if you need to report fraud.