Gift Card Fraud

Gift card fraud refers to any deceptive or unauthorized activity involving gift cards, whether as a product or a payment method. Fraudsters exploit vulnerabilities in gift card systems to steal balances, launder money, or facilitate broader scams. This can include draining funds from legitimate gift card holders, purchasing gift cards with stolen credit cards, or tricking victims into buying and handing over gift card details under false pretenses. Because gift cards are often treated like cash and lack strong consumer protections, they are a prime target for scammers looking to commit fraud while staying anonymous.