Home Scam/Fraud 1 in 3 Adults Targeted by Gift Card Payment Scams​

1 in 3 Adults Targeted by Gift Card Payment Scams​

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‘Zero-value’ gift cards also common

The AARP Fraud Watch Network, in collaboration with the University of Chicago-based AmeriSpeak Omnibus survey, polled 2,179 people age 18 and older in January and February to gauge consumer experiences with two types of gift card fraud: payment scams and “zero-value” gift cards, when a consumer gives or receives a card that turns out to have no funds on it.

About a quarter of those polled said they had encountered the second type, which typically involves crooks tampering with cards on store shelves to obtain the numbers on the back, allowing them to drain the cash consumers load on them at point of purchase.

While some zero-value episodes could be due to store errors or people forgetting they’ve already used a card, “the fact that 1 in 4…

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