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A study by the Better Business Bureau (BBB) found that gift card scams nearly tripled between 2017 and 2020, making them the second-highest fraud type behind credit cards.
One in three Americans has fallen victim to gift card fraud, according to a survey by AARP. Scammers can even hack into your system and discover e-gift cards, especially those with auto-load ...
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 ...
Report the gift card scam to the gift card company right away. No matter how long ago the scam happened, report it. ... They use the same method of asking the victim to transfer funds via a gift ...
The very real dangers of gift card fraud. “Generally speaking, gift card fraud is easier to commit than other types of scams,” cyber security expert Rafael Lourenco, Executive Vice President ...
Nina Kollars of the Naval War College explains an Internet fraud scheme that she stumbled upon while shopping on eBay.. Internet fraud is a type of cybercrime fraud or deception which makes use of the Internet and could involve hiding of information or providing incorrect information for the purpose of tricking victims out of money, property, and inheritance.
If you feel like you have been scammed or have purchased a gift card and are worried it might be a scam, always contact the BBB at their website or this number (256) 533-1640.
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.