FRAUD ALERT: Crooks can scam money from your gift cards, how to protect yourself

(KRON/CNN) — If you received a gift card during the holidays, listen up.

Consumer Reports magazine is out with a new warning on how crooks can scam money from those cards.

The scam can be as simple as someone taking the card off the shelf.

From there, they simply write down the numbers and scratch off the strip on the back to get the security codes.

Then, using replacement strips, the hacker covers the codes and leaves the store.

Once you buy the altered card and load money onto it, the thief gets an alert.

Experts recommend protecting yourself by buying directly from the retailer online.

And if you do buy a gift card in person from a store, try and get one that is kept behind the register.

If you are the victim of a scam, it may help to call the retailer who issued the card.

They may help identify the fraud and refund your money.

WNCT-TV 9 On Your Side provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s