In all cases, once the gift card has been activated by the retailer, the scammers will ask the victim for the gift card number and any associated PIN if there is one.

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In all cases, once the gift card has been activated by the retailer, the scammers will ask the victim for the gift card number and any associated PIN if there is one.

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once you buy the card and it’s activated, you then scratch off the pin to activate the entire card. that pin number is already exposed it’s been compromised and there’s gift card rip off ...

Scammers discreetly break into gift card packaging while the cards are still on the store rack. They steal the card number and any PIN information they might need, and then repackage the card.

A 2022 AARP survey found that nearly one in four people have given or received gift cards with no cash on ... “When they looked at the back of the card, the pin number was scratched off ...

Card draining is a scam in which fraudsters carefully remove an unpurchased gift card from its packaging, record its number and PIN code, then place it back in its original packaging," according ...

They record the gift card number and PIN and cover up their tampering, so the cards look untouched. ... Click here to read our full review for free and apply in just 2 minutes. ...

In all these cases, once the gift card has been activated by the retailer, the scammers will ask the victim for the gift card number and any associated PIN, if there is one.

Therefore, all a bad actor needs to do to steal a gift card’s funds is record the card number and PIN and then wait until the card is activated at the point of sale to swoop in and steal the funds.