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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

    If anyone tells you to pay with a gift card or to buy gift cards for anything other than a gift, it’s a scam. You’ll lose your money, and you won’t be able to get it back. Receiving a...

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

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

    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...

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

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

    Gift card draining” involves criminals recording numbers and PINs from unpurchased gift cards, then placing them back in the packaging.

  5. Technical support scam - Wikipedia

    en.wikipedia.org/wiki/Technical_support_scam

    The preferred method of payment in a technical support scam is through gift cards. 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 ...

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

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

    A 2022 AARP survey found that nearly one in four people have given or received gift cards that had no funds on them. Gift card and reload card fraud cost $228 million last year, according...

  7. Carding (fraud) - Wikipedia

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

    CarderPlanet. Carding is a term of the trafficking and unauthorized use of credit cards. [1] The stolen credit cards or credit card numbers are then used to buy prepaid gift cards to cover up the tracks. [2] Activities also encompass exploitation of personal data, [3] and money laundering techniques. [4]

  8. Internet fraud - Wikipedia

    en.wikipedia.org/wiki/Internet_fraud

    Some of the methods for stealing gift card data include automated bots that launch brute force attacks on retailer systems which store them. First, hackers will steal gift card data, check the existing balance through a retailer's online service, and then attempt to use those funds to purchase goods or to resell on a third party website.

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

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

    Falling for these types of gift card scams can lead to financial losses and personal information exposure. Below are ways to help avoid falling victim to these scams. Red flags for gift...

  10. Police Send Warning About Gift Card Scam During Holidays

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

    December 12, 2023 at 11:34 AM. Gift card display. The holiday season is now in full swing, but police are imploring shoppers to be on the lookout for Scrooges. Authorities nationwide are...

  11. Gift card - Wikipedia

    en.wikipedia.org/wiki/Gift_card

    The most common form of gift card fraud is committed through the act of stealing card information for activated cards with an existing balance by attacking a retailer's systems which store gift card data.

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