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Gift card draining stole $1B, how to protect yourself now
Organized crime has quietly turned the humble gift card into a billion dollar pipeline, draining balances before recipients ...
Once a card is purchased, a criminal can drain the gift card before you get to use it. To steer clear of tampered cards, ...
Gift card scams often involve fraudsters impersonating trusted organizations or individuals and pressuring victims to ...
Gift card companies are adding protections for consumers, who are increasingly being duped into sending funds to online scammers through store credit. In 2022, nearly 65,000 consumers were swindled ...
Gift cards are one of the most popular gifts to give this holiday. With this popularity, scammers have worked out ways to drain those cards before you even give them. When you find a gift card you ...
This story has been resolved; see “Compromised Apple Gift Card Saga Ends Well, but Risks Remain,” (18 December 2025). After attempting to redeem a $500 Apple Gift Card purchased from a well-known ...
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