Gift Card Draining: How Organized Crime Steals Millions From Shoppers

Gift card draining scams by Chinese organized crime are costing consumers millions. Learn how the scam works and how to safely buy and protect gift cards.
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Scammers target gift cards using barcode tricks

AVOID A SCAM KNOWN AS GIFT CARD DRAINING. EIGHT ON YOUR SIDE TEAM HAS HEARD FROM A FEW VIEWERS RECENTLY TELLING US ABOUT GIFT CARDS THAT HAD A ZERO BALANCE WHEN THEY WENT TO USE THEM. ACCORDING TO THE ...

Officials warn consumers after suspects allegedly drain $14M via 'gift card cloning'

After a suspected gift card scam allegedly robbed consumers of nearly $14 million, Texas officials warn consumers to check ...
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Gift card fraud is exploding across Canada — protect your money now before scammers drain your balance in seconds

Gift cards may be a convenient and popular gifting choice, but they’re also a hot target for scammers. According to the Canadian Anti-Fraud Centre (CAFC), Canadians reported losing over $6.8 million ...