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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 ...
Gift card draining is a way to steal funds off of gift cards. Here are ways to avoid the scam.
Impersonation Scams: This is the most common type of gift card scam, where scammers may impersonate a trusted individual or organization, such as a government agency, a utility company, a tech ...
The scammer will then persuade the victim to pay to fix the fictitious "problems" that they claim to have found. Payment is made to the scammer via gift cards, which are hard to trace and have few consumer protections in place. Technical support scams have occurred as early as 2008.
Here are some red flags to watch for when buying gift cards this holiday season and what to do if you’ve bought a card that has been compromised.
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 ...
Scam Alert: IRS Warns of Scammers Asking for Gift Cards for Tax Payments Dawn Allcot December 7, 2021 at 7:40 AM Taxes: What Americans should consider when seeking charitable giving breaks ...