Gift card fraud—which is the manipulation or theft of funds from gift cards before their use—has surged in recent years, with the issue reaching an all-time high last year. Americans lost an ...

Gift cards are a popular last-minute present many of us purchase. But the ones bought off the rack are also a common tool scammers use to exploit people. In 2021, the Federal Trade Commission ...

Most consumers purchase gift cards for retail stores, about 57%, while 52% buy restaurant gift cards, the Capitol One report said. In 2023, 32% of consumers purchased online gaming gift cards.

2. Fake e-gift card offers In some cases, you won't be asked to buy a gift card, but will actually be sent what appears to be an e-gift card. At the start of the new year,experts were warning ...

See, e.g., United States v. Daramola, 2024 U.S. Dist. LEXIS 168969 (D. NM 2024) (gift card fraud in the context of the application of the Federal sentencing guidelines); United States v.

AARP estimates that up to 30% of people received gift cards with no funds on it. To combat this growing problem, Maryland passed an AARP-backed bill that protects customers from gift card fraud.

On the back of the gift card, Sephora tells customers to call its sister company, LGCS Inc., for all gift card issues. And then there's this disclosure on the back of the card, which states, "The ...

Register the Card Online. If the retailer allows it, register the card online. This adds a layer of security and makes it easier to report any issues. Keep Your Receipt.

Reese was convinced to drive across town to different gift-card sellers, including Sam’s Club, CVS and Rite Aid to buy and activate a dozen $500 Target gift cards, worth $6,000 in all.

More than 40% of Americans have an unused gift card, according to Bankrate. Nicole Panettieri saw gift card sales at her apparel stores — The Brass Owl and The Tiny Owl in New York City — double.

In fact, millions of dollars in gift card funds go unspent each year. If you live in Massachusetts, you might be wondering – do gift cards expire, and if they do, how long do you have to use them?