Buying a gift card? Watch out for gift card scams that leave you and your recipient empty-handed
CHICAGO – Planning to buy a gift card for a graduation or birthday present? You need to watch out for gift card scams that could leave your recipient – and possibly your bank account – feeling empty.
The Better Business Bureau said that one scam targets cards that have not been purchased yet. Scammers go to the gift card rack and scratch off and photograph the PIN. Then they keep calling the 800 number associated with the card, checking until someone has purchased the card and put money on it. They quickly drain the card before the recipient can use it.
“The scammers have found this is a new way to extract money from consumers that are really…