Beware of Gift Card Scammers Draining Balances and Targeting Victims

1 min read
Source: Daily Mail
Beware of Gift Card Scammers Draining Balances and Targeting Victims
Photo: Daily Mail
TL;DR Summary

Victims are falling prey to a gift card scam known as "card draining," where criminals steal batches of gift cards, note down the card number and PIN, and return them to store shelves. Unsuspecting shoppers load funds onto the cards, only to have the money stolen before the recipient can use it. Reports of gift card scams have increased by 50% this year, with retailers like Target being targeted. Police are warning shoppers to check for signs of tampering, such as scratches or missing parts, before purchasing gift cards.

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