Can you get your money back after a gift card scam?

Can you get your money back after a gift card scam?

If you’re one of our regular readers, there’s a good chance that you’re tired of hearing about gift cards. That’s understandable, we talk about them a lot However, there is a very good reason why we talk about them all the time. If there’s a new scam going around or an old one showing a resurgence, there’s a good chance that gift cards are somehow involved.

If you’re a new reader, the reason that scammers covet gift cards is that they’re an easy way to get virtually untraceable money from their victims. If someone is trying to pressure you into making any kind of payment through gift cards, it’s almost guaranteed to be a scam.

For example, a couple in Arizona recently paid $13,000 in gift cards to a scammer who claimed to be from Apple and told the couple that their Apple accounts had been compromised. All they needed to do was buy $13,000 in Apple gift cards and give the gift card numbers to the phony Apple representative to get their accounts restored. They were told they would be reimbursed but they never were. The couple called Apple directly who informed them that they had been scammed.

Unfortunately, it was too late for this couple but there is a way to prevent your money from being taken if you act quick enough. As we noted in a previous post, gift card scammers employ people they call runners. Once the scammers have the gift card numbers the runners go to various outlets to try to get the money off of the gift cards. In theory, there’s a brief window between the time you give the scammers the card numbers and the time the runners cash out the cards.

If you realize you have just been scammed, you should immediately call the customer service number on the back of the gift cards. Remember, you still have the physical cards and the customer service representative should be able to help freeze those numbers if you get to them in time.

Just remember that gift cards are the currency of thieves and scammers. No legitimate business or agency will ever ask you to make payment through gift cards.


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