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 ...

According to the Federal Trade Commission, gift card scams accounted for $217 million lost in 2023. Earlier this year, Visa was sued in connection to the fraud happening with their Vanilla gift cards.

The post Savvy Shopper Warned People About Gift Card Scams Involving Visa. – ‘I’ve had about $320 worth of gift cards that were skimmed.’ first on TwistedSifter.

There's a popular scam going hitting nationwide as the Grinch continues efforts to steal Christmas — the gift card "draining" scam. Police departments from New Britain Township in Chalfont, Penn.

Tim and Meredith Baumann lost a $300 gift card to a scammer. Experts say spend gift cards quickly, register them and keep the receipt.

Bedi aspires to work at a product company as a UX designer. But her path was upended after a single phone call on May 29, ...

Federal authorities are cracking down on gift card fraud schemes linked to organized crime rings that leave consumers with ...

THIS SCAM TYPICALLY INVOLVES AN ELABORATE OPERATION ... They were from various retailers, Visa gift cards, Nike, Sephora, Nordstrom," he told WISN 12 News.This type of crime goes beyond Grafton.

Register for more free articles. Sign up for our newsletter to keep reading. Get local news delivered to your inbox!