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 ...

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 ...

You might consider picking up some gift cards as a nice surprise for friends and family or as a special treat for yourself. You might also consider putting those purchases on a credit card to earn ...

In the case of the holiday season, getting anybody on your list a gift card is a great bet. These days, pretty much every retailer out there offers gift cards to customers, making it easy to snag ...

But unfortunately, there's a fair chance that at some point you could fall victim to a scam, and a common one is a gift card scam. According to the Federal Trade Commission (FTC), consumers ...

Meanwhile, efforts to rein in the industry on the state and federal level have been met with successful opposition from lobbyists and gift card trade groups. When fraud does occur, gift card ...

the gift card merchant. Sites like GCX (a subsidiary of Raise for buying and selling gift cards) operate as a marketplace with the burden of selling the gift card placed on you. You'll be able to ...

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.

Be careful of scams that come in a variety of ways; no legitimate business or entity will ask for payment via a gift card. A gift card is simply a type of prepaid card with a set value that can be ...