Authorities nationwide are issuing a warning about a gift card scam called card draining as many holiday shoppers look to buy gift cards as Christmas gifts. They are warning those that have purchased ...

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 is ...

Gift card companies are adding protections for consumers, who are increasingly being duped into sending funds to online scammers through store credit. In 2022, nearly 65,000 consumers were swindled ...