Photo by Quinn Rooney/Getty Images In a strange ... Insider tells us that one Reddit user even mentioned receiving the emails just 20 minutes after purchasing unrelated gift cards.

Capitol One estimates that 64% of U.S. consumers purchase gift cards as holiday gifts, which is why scammers have figured out how to steal money from them. It’s called the Drain Scam.

Across the country, thieves are removing gift cards from in-store gift card displays, scanning the barcode, and returning them to the shelf. Called the “zero-value” gift card scam, when ...

The scam involves the gift cards being emptied before they are redeemed. Getty Images It seeks compensatory and punitive damages for people who bought Visa-branded Vanilla cards in New York since ...

A nationwide gift card scam linked to Chinese organized crime involving gangs prompted law enforcement and Homeland Security to take action. 49ers’ Low Contract Offer for Brock Purdy Confirmed ...

THIS IS COMMONLY KNOWN AS A DRAIN SCAM. IT INVOLVES CROOKS GOING INTO A STORE, COPYING THE CARD NUMBER AND ACTIVATION CODE, AND THEN RESEALING THE PACKAGE ON THE GIFT CARDS. AND WHEN YOU LOAD ...

The new scam to look out for has to do with gift cards. One local woman bought a gift card from a local Dollar Tree before discovering it had been tampered with and the money stolen.

SEATTLE (KOMO) — The Better Business Bureau has issued a new warning for employees: If you receive a text message from your boss, manager or CEO asking you to buy gift cards, it might be a scam.