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Card draining. "Card draining" is a popular scam that leaves gift card purchasers with an empty balance despite having paid for the card. Several local and national law enforcement agencies have ...
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 ...
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 ...
If the unsuspecting taxpayer purchases the cards and calls the scammer back, they will be asked to share the gift card number and PIN so the scammer can use the card for online purchases. How the ...
The preferred method of payment in a technical support scam is through 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 ...
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The Better Business Bureau (BBB) said in a new report that cases of gift card scams have risen by 50 per cent since last year. From January 2020 until September 2023, the BBB said there had been ...
Authorities nationwide are warning holiday shoppers to take extra precautions when purchasing gift cards to put under the Christmas tree this year, as a gift card scam called "card draining" is ...
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