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As consumers lose millions to gift card scams, US lawmakers pressure businesses

Gift cards, which are easy to find at almost any big box retailer, are a popular gift for holidays, birthdays and graduations. Scammers love gift cards because they’re money that can be easily moved, often irreversibly, with few protections for consumers, according to fraud specialists.

New-york , United-states , Maryland , New-jersey , Pennsylvania , Delaware , Maine , Nebraska , West-virginia , Rhode-island , California , Iowa

As consumers lose millions to gift card scams, lawmakers pressure businesses

When Denise Brown peruses the tightly packed gift card display at her local CVS in Harlem, New York, she sees the perfect present for her grandson: a Sony PlayStation gift card. Others, acting in bad faith, see these gift card displays as easy money in one of the country’s costliest and most common consumer scams: […] The post As consumers lose millions to gift card scams, lawmakers pressure businesses appeared first on Nebraska Examiner.

Delaware , United-states , Rhode-island , California , Nebraska , Maine , New-jersey , San-francisco , West-virginia , Pennsylvania , Iowa , New-york

As consumers lose millions to gift card scams, lawmakers pressure businesses

In 2023, card draining and other gift card-related fraud made up $217 million of the record-high $10 billion in money lost from scams nationwide.

New-jersey , United-states , New-york , San-francisco , California , Maryland , Rhode-island , Iowa , Washington , Nebraska , Delaware , Maine

As consumers lose millions to gift card scams, lawmakers pressure businesses

In 2023, card draining and other gift card-related fraud made up $217 million of the record-high $10 billion in money lost from scams nationwide.

Iowa , United-states , Rhode-island , San-francisco , California , Maryland , New-york , New-jersey , Pennsylvania , West-virginia , Delaware , Washington

As consumers lose millions to gift card scams, lawmakers pressure businesses

In 2023, card draining and other gift card-related fraud made up $217 million of the record-high $10 billion in money lost from scams nationwide.

Maine , United-states , Maryland , San-francisco , California , Pennsylvania , West-virginia , New-york , Iowa , Nebraska , Washington , New-jersey

As consumers lose millions to gift card scams, lawmakers pressure businesses

In 2023, card draining and other gift card-related fraud made up $217 million of the record-high $10 billion in money lost from scams nationwide.

New-york , United-states , California , Pennsylvania , Iowa , Maine , San-francisco , Nebraska , Maryland , New-jersey , Delaware , West-virginia

As consumers lose millions to gift card scams, lawmakers pressure businesses

In 2023, card draining and other gift card-related fraud made up $217 million of the record-high $10 billion in money lost from scams nationwide.

San-francisco , California , United-states , Rhode-island , Nebraska , Washington , Iowa , Delaware , Maryland , New-jersey , Pennsylvania , West-virginia

As consumers lose millions to gift card scams, lawmakers pressure businesses

In 2023, card draining and other gift card-related fraud made up $217 million of the record-high $10 billion in money lost from scams nationwide.

California , United-states , Rhode-island , Nebraska , Pennsylvania , Delaware , San-francisco , West-virginia , New-jersey , Washington , Iowa , Maine

As consumers lose millions to gift card scams, lawmakers pressure businesses

In 2023, card draining and other gift card-related fraud made up $217 million of the record-high $10 billion in money lost from scams nationwide.

Maryland , United-states , West-virginia , California , Iowa , New-jersey , Washington , Rhode-island , Pennsylvania , San-francisco , New-york , Maine

As consumers lose millions to gift card scams, lawmakers pressure businesses

As consumers lose millions to gift card scams, lawmakers pressure businesses
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