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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 ...
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 ...
These thieves then wait until the card is purchased and activated – finding that information online – and use the card until the balance is depleted, leaving the buyer with a worthless gift card.
The Oregon Division of Financial Regulation offers these tips to keep scammers from stealing your money via gift cards.
Overpayment scam. An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith. In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money. The scammer then attempts to convince the victim to return the ...
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 ...
Falling for these types of gift card scams can lead to financial losses and personal information exposure. Below are ways to help avoid falling victim to these scams. Red flags for gift card scams:
The Better Business Bureau (BBB) said in a new report that cases of gift card scams have risen by 50 per cent since last year. From January 2020 until September 2023, the BBB said there had been ...