Apple sued over gift card scam
We’ve always warned our readers to never pay anyone you don’t know personally in gift cards. As we like to say, gift cards are the currency of scammers due to the fact that they’re virtually untraceable. We’ve detailed as many gift card scams as we can but the gist of them is the scammer will likely pose as someone they’re not and try to pressure you into making a payment for some phony fine or fee with gift cards.
With gift cards from major retailers like Amazon, Walmart, and eBay, scammers will buy high-end items with the gift cards. They’ll then sell the items themselves for cash.
One of the more popular gift cards scammers like to receive are from Apple. A class-action lawsuit has been filed against Apple claiming that Apple has the capability to stop scammers from claiming the money that’s been taken from their victims. This lawsuit also gives us a better look into why some scammers prefer the Apple gift cards.
The scammers who ask for Apple gift cards are said to own apps on the Apple App Store. This way the scammers can purchase the app over and over again with 70% of the money stolen going to the scammers. The remaining 30% is the cut Apple gets.
The lawsuit states that Apple has been telling customers that once they’ve been scammed, there’s nothing Apple can do for them. However, Apple is said to hold on to the money owed to app owners for 4-6 weeks meaning that Apple allegedly has that time to return the money to scam victims.
So, in theory, Apple should have no excuse for not helping scam victims as far as the lawsuit is concerned. The question then remains, why has Apple supposedly not helped scam victims in the past?
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James E Doty is discussing.
James E Doty 7:19 am on July 31, 2020 Permalink
Same reason the big web companies won’t go after scammers & hackers, it will reduce the number of possible customers and that will effect the advertising revenue those companies rely on. Its you & me that lose money due scammers and not the internet provider, so why should they do anything about you & me losing money? It doesn’t effect their bottom line and if we want them to feel the crunch like we do then, the government should impose on these companies a duty to take half of the lose that these scammers get from us. This would place 50% blame for allowing scammers a safe haven to work. As for the companies who sell money based cards used to transfer funds, its simple and easy to fix the problem… remove the one word that protects the scammers & companies who sell those cards “Gift”. This would allow the buyer to take those who don’t keep their promises that were made in getting the person to send those cards. They made promises and didn’t keep those promise and can be taken to Small Claims Court. That one word is a scammers greatest treasure they can do whatever they want with complete immunity.