Don't give a scammer the gift of your Christmas funds this season. Instead, stay aware and keep these tips in mind. The card draining scam leaves gift card purchasers with an empty balance despite ...

She regularly appears on CBS News 24/7 to discuss her reporting. Gift card companies are adding protections for consumers, who are increasingly being duped into sending funds to online scammers ...

While consumers can fall victim to a variety of scams, experts say gift card draining was one of the most common scams that affected people's lives in 2023. What's worse, just about any gift card ...

Who would imagine that a gift card that you just received suddenly had little or no value? How could a gift card have been redeemed when it was sitting inside a holiday card or little gift card ...

If you plan to purchase a gift card in the near future, beware: Scammers are now using them to swipe your money. A study by ...

Just for you to try again and repeat the cycle. Highly recommend giving someone cash over using this as a “gift card”. They seem like they don’t want to let you use the money… Weird.

As the holiday season approaches, a familiar yet unwelcome threat returns—not the green Grinch of storybooks, but a more elusive threat to consumers and retailers alike: gift card fraud.

Maryland Gov. Wes Moore recently signed the Gift Card Scams Prevention Act of 2024, creating the country’s first law aimed at curbing a rising form of gift card fraud called card draining.