Card draining occurs when a thief tampers with a gift card and "drains" the money before the funds are used by the consumer. AARP reported last year that 23% of U.S. consumers had given or ...

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 ...

Suzanne Gdovic, 64, was among the latest victims of “card draining” after a $200 gift card she gave to a friend’s daughter had a $0 balance upon checkout. Fox News When the card is purchased ...

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 ...

ST. LOUIS — A Cottleville business is warning customers and other businesses about a gift card company they said is misleading customers by selling them what they might think is a gift card to ...