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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 ...
December 13, 2023 at 5:14 AM. With the holiday season comes more shopping and with more shopping comes more scams and fraudsters looking to take advantage of your holiday goodwill. From supposed ...
Once you provide the gift card codes, they disappear without delivering the product. Prize or Sweepstakes Scams: Scammers may contact you via phone, email or social media, claiming that you've won ...
If you purchased a gift card that was used by a scammer, report it to the gift card company directly, request a freeze on the card and make sure to demand a refund.
The Oregon Division of Financial Regulation offers these tips to keep scammers from stealing your money via gift cards.
The preferred method of payment in a technical support scam is via 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 ...
When consumers walk into a store and buy something, they typically swipe their credit cards, confirm the purchase amount, enter a secret code (or sign their name) and leave with the merchandise. This is a card present purchase and fraudulent chargebacks in these situations are almost non-existent.
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 ...