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2. 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 ...

3. 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 ...

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

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

   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.

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

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

   A 2022 AARP survey found that nearly one in four people have given or received gift cards that had no funds on them. Gift card and reload card fraud cost $228 million last year, according to the ...

6. Carding (fraud) - Wikipedia

   en.wikipedia.org/wiki/Carding_(fraud)

   Carding refers not only to payment card based fraud, but also to a range of related activities and services. Carding is a term of the trafficking and unauthorized use of credit cards. [1] The stolen credit cards or credit card numbers are then used to buy prepaid gift cards to cover up the tracks. [2] Activities also encompass exploitation of ...

7. 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. 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 ...

8. Gift card - Wikipedia

   en.wikipedia.org/wiki/Gift_card

   A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, [1] is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or organizations ...

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

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

   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.