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2. Gift card scams 2023: What to know about 'card draining' and ...

   www.aol.com/gift-card-scams-2023-know-131432899.html

   Card draining. "Card draining" is a popular scam that leaves gift card purchasers with an empty balance despite having paid for the card. Several local and national law enforcement agencies have ...

3. Gift Card Scams: What They Are and How to Avoid Them - AOL

   www.aol.com/gift-card-scams-avoid-them-193519576...

   A study by the Better Business Bureau (BBB) found that gift card scams nearly tripled between 2017 and 2020, making them the second-highest fraud type behind credit cards.

4. How Not to Fall for Gift Card Scams - AOL

   www.aol.com/.../how-not-fall-for-gift-card-scams

   According to the FTC, consumers reported 48,800 cases of gift card fraud or reload card fraud totaling more than $228 million in losses last year. That's more cases than the following other types ...

5. Police Send Warning About Gift Card Scam During Holidays

   www.aol.com/police-send-warning-gift-card...

   Authorities nationwide are warning holiday shoppers to take extra precautions when purchasing gift cards to put under the Christmas tree this year, as a gift card scam called "card draining" is ...

6. Carding (fraud) - Wikipedia

   en.wikipedia.org/wiki/Carding_(fraud)

   Another way gift card fraud occurs is when a retailer's online systems which store gift card data undergo brute force attacks from automated bots. Tax refund fraud is an increasingly popular method of using identify theft to acquire prepaid cards ready for immediate cash out. [4] [44] Popular coupons may be counterfeited and sold also. [45]

7. Holiday Scam: What Is Gift Card Draining Plus 4 Red Flags to ...

   www.aol.com/finance/holiday-scam-gift-card...

   As Americans continue to slide through holiday mode, they're going to get more calls, emails and texts for legitimate shopping deals. But they're also increasingly going to be the targets of ...

8. Beware of gift card fraud — don't let it hijack your ... - AOL

   www.aol.com/lifestyle/beware-gift-card-fraud...

   The Federal Trade Commission reports that gift card fraud has been on the rise since the pandemic started. In the first nine months of 2021, more gift card fraud was reported than in all of 2020 ...

9. What is gift card draining? How to prevent getting scammed - AOL

   www.aol.com/news/gift-card-draining-prevent...

   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 ...