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Gift cards are one of the most popular holiday purchases and remain in demand year?

There's a major new tactic to take down an international fraud that quietly drains gift cards by the thousands, here in the Bay Area and beyond. Cardholders are responsible for a $0. When a customer buys the swapped card and adds funds to it, the fraudster steps in and uses those funds, via the cloned card, to make purchases or ATM withdrawals. Anyone who tells you to pay with a gift card is a scammer. Investigators recovered 4,617 gift cards to… "Unfortunately, this is an all-too-common scam," said John Breyault, a fraud expert with the National Consumers League Vanilla gift cards a Cheshire resident received weren't activated. red rock rural water As the SFCAO complaint demonstrates, this fraud has impacted Americans across the country, calling for complementary action from the Commission to ensure vigorous enforcement of our consumer protection laws. Gift card draining is a scam that has wreaked havoc among consumers She bought $2,000 worth of Vanilla Visa gift cards at a CVS in New York City only to discover that three of the cards had. In 2022, nearly 65,000 consumers were swindled out of more than $228 million in gift card scams, according to the FTC. Ira Schuman, leading the legal charge in the federal court of White Plains, New. Credit Cards | Statistics REVIEWED BY: Tricia Tetreault Tricia. chinese taipei baseball scores The reason why prepaid Visa Vanilla gift cards as well as other prepaid gift cards are being targeted by card-draining scams is because of their versatility. Vanilla Gift Cards have had several class action lawsuits against them and there are. Gift cards are for gifts, not for payments. — The Arapahoe County Sheriff's Office (ACSO) warned Tuesday of a recent scam involving gift cards. bedpage dallas tx Featured in: Vice, CNBC, and more! 367. ….

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