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  2. Gift card scams 2023: What to know about 'card draining' and ...

    www.aol.com/gift-card-scams-2023-know-131432899.html

    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 ...

  3. Thieves used Walmart gift cards to steal money in romance ...

    www.aol.com/thieves-used-walmart-gift-cards...

    After his arrest, authorities found 1,298 Walmart Vanilla Mastercard and American Express gift cards worth $229,100 in Wen Xue Lin’s car. There was an estimated $40,000 remaining on the cards.

  4. The Walmart Gift Card Class Action Form Asks for Your ... - AOL

    www.aol.com/walmart-gift-card-class-action...

    According to the petition website, Walmart first noticed the gift card scams in 2015 when “unknown fraudsters” directed victims to buy Walmart gift cards with values that typically ranged from ...

  5. Gift card - Wikipedia

    en.wikipedia.org/wiki/Gift_card

    A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, [1] is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or organizations ...

  6. Walmart Will Pay 4 Million Dollars in Scam Compensation: Are ...

    www.aol.com/walmart-pay-4-million-dollars...

    Fraud victims may be eligible for a remission payment if they purchased and were sent a Walmart gift card from an unknown fraudster between April 1, 2016 and July 31, 2016 — the period when ...

  7. Walmart's New Site Allows Consumers To Exchange Unwanted Gift ...

    techcrunch.com/2014/12/27/walmarts-new-site...

    Gift cards have become a popular go-to gift, with the NRF reporting that total gift card spending is expected to reach $31.74 billion in 2014. However, according to a study from CEB TowerGroup ...

  8. What is gift card draining? How to prevent getting scammed - AOL

    www.aol.com/news/gift-card-draining-prevent...

    Gift card draining is a way to steal funds off of gift cards. Here are ways to avoid the scam. ... She bought $2,000 worth of Vanilla Visa gift cards at a CVS in New York City only to discover ...

  9. Gift Card Scams: What They Are and How to Avoid Them - AOL

    www.aol.com/gift-card-scams-avoid-them-193519576...

    If you plan to purchase a gift card this holiday season, beware: Scammers are now using them to swipe your money. A study by the Better Business Bureau (BBB) found that gift card scams nearly ...

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