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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 ...
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 ...
Here's how the scam works: Thieves steal gift cards from numerous Target stores and save the security codes and card numbers. The compromised cards are then returned to Target stores and placed ...
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 ...
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 ...
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 ...
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 Found Money Scam. The Elkhart, Indiana, Police Department issued its own Facebook warning about a scam similar to distraction theft — but this one targets shoppers at self-checkout. Here ...
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