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2. Holiday Scam: What Is Gift Card Draining Plus 4 Red Flags to ...

   www.aol.com/finance/holiday-scam-gift-card...

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3. How to get your money back after you’ve fallen for a gift ...

   www.aol.com/money-back-ve-fallen-gift-202311622.html

   From January 2020 until September 2023, the BBB said there had been $690 million in losses in gift card scams. With the rise of e-gift cards and phone payment systems, it has become easier for ...

4. Gift card scams 2023: What to know about 'card draining' and ...

   www.aol.com/gift-card-scams-2023-know-131432899.html

   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 ...

5. Technical support scam - Wikipedia

   en.wikipedia.org/wiki/Technical_support_scam

   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 ...

6. Scam Alert: IRS Warns of Scammers Asking for Gift Cards for ...

   www.aol.com/finance/scam-alert-irs-warns...

   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 ...

7. What is gift card draining? How to prevent getting scammed - AOL

   www.aol.com/news/gift-card-draining-prevent...

   Gift card and reload card fraud cost $228 million last year, according to the Federal Trade Commission. ... If you do purchase a physical card, buy one near the register or behind the counter in a ...

8. Gift Card Scams: What They Are and How to Avoid Them - AOL

   www.aol.com/gift-card-scams-avoid-them-193519576...

   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 ...

9. Beware of gift card fraud — don't let it hijack your holiday ...

   www.aol.com/lifestyle/gift-card-fraud-malware...

   The Federal Trade Commission reports that gift card fraud has been on the rise since the pandemic started. In the first nine months of 2021, more gift card fraud was reported than in all of 2020 ...