Search results
Results From The WOW.Com Content Network
Here’s what to know. For premium support please call: 800-290-4726 more ways to reach us
Card draining. "Card draining" is a popular scam that leaves gift card purchasers with an empty balance despite having paid for the card. Several local and national law enforcement agencies have ...
The first involves trying to trick you into paying an impostor with gift cards. You may receive a phone call or text message from someone claiming to be the police, IRS, or government official ...
Carding (fraud) Carding refers not only to payment card based fraud, but also to a range of related activities and services. Carding is a term of the trafficking and unauthorized use of credit cards. [ 1] The stolen credit cards or credit card numbers are then used to buy prepaid gift cards to cover up the tracks. [ 2]
The preferred method of payment in a technical support scam is through gift cards. [41] Gift cards are favoured by scammers because they are readily available to buy and have less consumer protections in place that could allow the victim to reclaim their money back. Additionally, the usage of gift cards as payment allows the scammers to extract ...
An IRS impersonation scam is a class of telecommunications fraud and scam which targets American taxpayers by masquerading as Internal Revenue Service (IRS) collection officers. [1] The scammers operate by placing disturbing official-sounding calls to unsuspecting citizens, threatening them with arrest and frozen assets if thousands of dollars ...
According to the FTC, consumers reported 48,800 cases of gift card fraud or reload card fraud totaling more than $228 million in losses last year. That's more cases than the following other types ...
The Federal Trade Commission reports that gift card fraud has been on the rise since the pandemic started. In the first nine months of 2021, more gift card fraud was reported than in all of 2020 ...