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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 ever get a chance to swipe. Criminals are no longer just guessing numbers ...
PROVO, Utah--(BUSINESS WIRE)--Seastone, the market leader in specialty gift card packages and gift card promotional programs, today announced that sales have increased by 250 percent year over year.
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 ...
Scammers have found ways of turning holiday gift cards into a minefield that could steal your money. (Anatoliy Sadovskiy/Dreamstime/TNS) Millions of shoppers turn to the quick and traditionally easy ...
Scam: Thieves make note of the identifying information displayed on gift cards being offered for sale, then periodically call to check if they've been activated, and when they are, they drain these ...
Millions of shoppers turn to the quick and traditionally easy choice for giving a Christmas present — a gift card. Don’t be quick to go that route, experts say. And if you do, take extra precautions.
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