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  2. 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 ...

  3. As rewards credit cards face regulation, what are the ... - AOL

    www.aol.com/rewards-credit-cards-face-regulation...

    Duben has been dutifully shelling out $120 a year for his co-branded airline rewards card, which promises he'll get "free" flights if he spends enough money. It was a good deal at first. Once he ...

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

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

    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.

  5. Trump Rebate Banking system - Wikipedia

    en.wikipedia.org/wiki/Trump_Rebate_Banking_system

    The Trump Rebate Banking system (TRB) is a scam targeting fans of Donald Trump.TRB system vendors sell membership materials and collectible items, like "Trump coin" medallions, "Trump Bucks" banknotes, and metal checks, that they suggest will become legal tender under a future monetary system.

  6. Carding (fraud) - Wikipedia

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

    For gift card fraud, retailers are prone to be exploited by fraudsters in their attempts to steal gift cards via bot technology or through stolen credit card information. [42] In the context of [43] fraud, using stolen credit card data to purchase gift cards is becoming an increasingly common money laundering tactic. Another way gift card fraud ...

  7. Credit card fraud - Wikipedia

    en.wikipedia.org/wiki/Credit_card_fraud

    Whereas banks and card companies prevented £1.66 billion in unauthorised fraud in 2018. That is the equivalent to £2 in every £3 of attempted fraud being stopped. [3] Credit card fraud can occur when unauthorized users gain access to an individual's credit card information in order to make purchases, other transactions, or open new accounts.

  8. Scam Alert: IRS Warns of Scammers Asking for Gift Cards for ...

    www.aol.com/scam-alert-irs-warns-scammers...

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  9. Advance-fee scam - Wikipedia

    en.wikipedia.org/wiki/Advance-fee_scam

    Scam letter posted within South Africa. An advance-fee scam is a form of fraud and is a common confidence trick.The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum.