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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 ...
What to know about the gift card scam:Police warn holiday shoppers about card draining. Holiday drinks: Try one of these 12 Christmas, holiday craft beers from Louisville breweries.
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 ...
The preferred method of payment in a technical support scam is through gift cards. [41] Gift cards are favoured by scammers because they are readily available to buy and have less consumer protections in place that could allow the victim to reclaim their money back. Additionally, the usage of gift cards as payment allows the scammers to extract ...
IRS impersonation scam. An IRS impersonation scam is a class of telecommunications fraud and scam which targets American taxpayers by masquerading as Internal Revenue Service (IRS) collection officers. [1] The scammers operate by placing disturbing official-sounding calls to unsuspecting citizens, threatening them with arrest and frozen assets ...
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 ...
'Tis the season -- for financial scams of all kinds, when hackers and thieves attempt to separate well-meaning, hard-working people from their money. See: IRS Offers Advice on How You Can Avoid ...
Gift card draining is a way to steal funds off of gift cards. Here are ways to avoid the scam. ... Gift card and reload card fraud cost $228 million last year, according to the Federal Trade ...