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An email from Amazon warning customers to be careful of a possible gift card scam went awry when customers reported that they worried the legitimate company message might have been, itself, a scam.
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 ...
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 ...
To do this, the thief generally tells you which cards to buy (iTunes, Amazon, etc.) and at what amount and then asks you to scratch off the code and send them the numbers to redeem the card ...
The FBI is warning of an uptick in holiday gift card scams.
To help eliminate call center purchase chargebacks, call centers are working to make the purchases more like card present purchases. When consumers walk into a store and buy something, they typically swipe their credit cards, confirm the purchase amount, enter a secret code (or sign their name) and leave with the merchandise.
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According to the FTC, consumers reported 48,800 cases of gift card fraud or reload card fraud totaling more than $228 million in losses last year. That's more cases than the following other types ...