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Visa was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves. Ira Schuman, who leads the proposed ...
As previously reported by USA TODAY, gift card draining happens when fraudsters can gain access to physical copies of the cards in stores. They tamper with gift cards, using a reader to scan an ...
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 ...
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 ...
As Americans continue to slide through holiday mode, they're going to get more calls, emails and texts for legitimate shopping deals. But they're also increasingly going to be the targets of ...
Gift card recipients should also check the balance and use the cards quickly to lower any risk. When buying a gift card, use a credit card to make your purchase. That will boost the odds of ...
According to USA Today, a California man was arrested for tampering with gift cards in a Target in Sacramento last week, and police officials found more than 5,000 gift cards from Apple and Target ...
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 ...
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