As the holiday season approaches, a familiar yet unwelcome threat returns—not the green Grinch of storybooks, but a more elusive threat to consumers and retailers alike: gift card fraud. This ...
Question: How and why are gift cards used by scammers to steal money? Answer: The use of gift cards is a favorite vehicle to extract money from victims for a variety of reasons: they are available ...
EMBARRASSMENT OF GIVING A WORTHLESS GIFT. GIFT CARDS EXPECTED TO BE THE MOST POPULAR TYPE OF PRESENT HOLIDAY SEASON. FOR THE 16TH CONSECUTIVE YEAR, ACCORDING TO WALLETHUB. BUT UNFORTUNATELY, CROOKS ...
Chances are you're buying at least one gift card this time of year. But you need to be especially vigilant this holiday season, because scammers are increasingly using gift cards as a way to steal ...
The IRS is warning consumers about an uptick in gift card scams, in which scammers pose as a government agent or a bill collector and ask you to pay for a made-up charge with a gift card. Just ...
WEST JORDAN – Buying gas is tough on anyone's wallet, but Joel and Marie Gurr have a hack to save money: They buy gift cards from Smith's for the fuel points. "They'll have their four times fuel ...
You know the story - purchase (or receive) a gift card from the supermarket. Scratch the PIN, use the card number and PIN combination to buy something you want. Yet, Flight Formula founder and creator ...
Gift cards are meant to spread joy, but for scammers, they’re a gold mine. Criminals have found sneaky ways to trick shoppers, turning a thoughtful gift into a naughty no-good deed. If you know the ...
Americans love giving and receiving gift cards: Sales are projected to reach $308 billion in 2024, according to Javelin Strategy & Research, a company that tracks the industry, up from $124 billion 10 ...
A gift card issuer is facing a lawsuit over allegations it failed to make its popular prepaid cards less susceptible to a common scam. The lawsuit, filed last month by San Francisco City Attorney ...
Lisa Rowan is a former Lead Editor, Consumer Finance at Forbes Advisor. She previously served as a senior staff writer and deputy editor for the vertical. Lisa has worked as the Two Cents personal ...