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A syndicate is draining billions from gift cards; a new federal operation aims to stop the scam

A syndicate is draining billions from gift cards; a new federal operation aims to stop the scam
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Thieves can drain gift card balances, and here s how to protect yourself – NBC Chicago

Organized, overseas and ongoing: those words describe a crime wave that targets U.S. gift cards, leaving consumers with worthless plastic.

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How thieves drain your gift card balance for untraceable cash – NBC Bay Area

A man was found with 5,000 gift cards in Sacramento. Prosecutors allege ‘sophisticated’ scam; FBI warns of ‘untraceable cash’

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