While consumers can fall victim to a variety of scams, experts say gift card draining was one of the most common scams that affected people's lives in 2023. What's worse, just about any gift card ...

According to the Federal Trade Commission, gift card scams accounted for $217 million of the more than $10 billion U.S. consumers lost to financial scams in 2023. There are several ways fraudsters ...

Authorities nationwide are issuing a warning about a gift card scam called card draining as many holiday shoppers look to buy gift cards as Christmas gifts. They are warning those that have ...

NEED TO BE AWARE OF IN THE QUIET VILLAGE OF GRAFTON. A MAJOR GIFT CARD SCAM RING BUST JUST BEFORE THE HOLIDAY SHOPPING SEASON. INSIDE THE CAR, THERE WAS TWO FULL BAGS OF GIFT CARDS. THE TOTAL ...

In 2022, nearly 65,000 consumers were swindled out of more than $228 million in gift card scams, according to the FTC. "Did someone tell you to buy a gift card and give them the numbers?

If you received a gift card during the holidays and can't wait to use it, be aware—scammers are still on the prowl. Many scams exist to target consumers looking to buy gift cards, use new cards ...

A study by the Better Business Bureau (BBB) found that gift card scams nearly tripled between 2017 and 2020, making them the ...

From supposed charities looking for "donations" to balances that are empty even though you haven't used them yet, gift cards are a big item in the world of scams. They are used in a variety of ...

But unfortunately, there's a fair chance that at some point you could fall victim to a scam, and a common one is a gift card scam. According to the Federal Trade Commission (FTC), consumers ...

Unfortunately, that's what's happening too often during the holidays and other times of the year for those who hand over gift cards. It's another way that criminals who run elaborate fraud rings ...

Since 2020, consumers nationwide have reportedly lost $690 million to gift card scams and this year the Better Business Bureau’s Scam Tracker says complaints are up 50%. It turns out this year ...