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Visa was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves. Ira Schuman, who leads the proposed ...
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. These kinds of cards “can be used ...
Gift card and reload card fraud cost $228 million last year, according to the Federal Trade Commission. ... The Retail Gift Card Association and Vanilla Gift tell NBC News that thieves have become ...
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 Using gift cards ...
A study by the Better Business Bureau (BBB) found that gift card scams nearly tripled between 2017 and 2020, making them the second-highest fraud type behind credit cards.
If you feel like you have been scammed or have purchased a gift card and are worried it might be a scam, always contact the BBB at their website or this number (256) 533-1640.
The number on the gift card and store receipt will help you file a report with store and gift card company if you lose the gift card or if you need to report fraud.
Police Send Warning About Gift Card Scam During Holidays. Carly Silva. December 12, 2023 at 8:34 AM. Gift card display.