Yahoo

Gift card scams generate billions for fraudsters and industry as regulators fail to protect consumers − and how one 83-year-old fell into the ‘fear bubble’

Banking regulations haven't caught up with gift cards, which fraudsters are using to steal money from people in ways that are difficult to trace or reverse. The Conversation, CC BY-ND Wednesday ...
Fast Company

This senior fell victim to a gift card scam—a growing ploy for fraudsters

Wednesday morning, the day before Thanksgiving, Mae awoke, set her hair in curlers and switched on her laptop. The screen froze and a message appeared. It said her Safari web browser had encountered a ...
Yahoo

Gift card scams make billions as regulators fail to protect consumers

In gift card fraud, everybody but the victim makes money: fraudsters, gift card companies and retailers. Photo by Tara Winstead/Pexels Wednesday morning, the day before Thanksgiving, Mae awoke, set ...
USA Today

Why gift cards are the hottest holiday presents, for people and retailers

The hottest gift this holiday season may be one of the easiest to buy. Turns out shoppers don’t need to spend hours browsing online or combing through clothing racks to find a suitable present.
UPI

Gift card scams make billions as regulators fail to protect consumers

Wednesday morning, the day before Thanksgiving, Mae awoke, set her hair in curlers and switched on her laptop. The screen froze and a message appeared. It said her Safari web browser had encountered a ...
Midland Daily News

Gift card scams generate billions for fraudsters and industry as regulators fail to protect consumers − and how one 83-year-old fell into the ‘fear bubble’

About $550 billion is added onto gift cards annually in the U.S., according to Jordan Hirschfield, a gift card analyst at Javelin Strategy & Research. He estimates that between 1% and 5% of all gift ...