The Daily Overview on MSN

Gift card draining stole $1B, how to protect yourself now

Organized crime has quietly turned the humble gift card into a billion dollar pipeline, draining balances before recipients ...

Americans lost $1B to ‘gift card draining’ scam. Now authorities and retailers are targeting the organized crime behind it. How to protect yourself

Authorities estimate that sophisticated organized criminal groups are “draining” gift cards before genuine shoppers ever use them, costing Americans over $1 billion in the two years since the Biden ...