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 ...

Well, be careful, because what you end up buying may not be what you think. Gift card draining is a scam that has wreaked havoc among consumers. Here's what to know. Here’s how it works ...

A gift card issuer is facing a lawsuit over allegations it failed to make its popular prepaid cards less susceptible to a common scam. The lawsuit, filed last month by San Francisco City Attorney ...

Gift card buyers and users need to be especially vigilant about this type of scam, said Christopher Peltz, cyber security expert with Guidepoint Security. “So far, card draining is the most ...

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 ...

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 ...

The main difference between a gift card and prepaid debit card is that a gift card is a one-time spending card, and a prepaid debit card is a reloadable payment option that has most features and ...

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 ...

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.