Gift cards are some of the most popular tools for fraudsters.
First, gift cards are anonymous and basically untraceable.
Each gift card is like digital cash, with no permanently linked account information that could tie it to one person.
It’s also easy to convert gift cards into merchandise or even back into cash.
Can a gift card be traced?
Gift cards are difficult to trace. Gagliardi said that it’s complicated to track each gift card purchased with each credit card. That makes it that much more important that credit card holders keep careful track of their card statements and any unusual purchases.
Are gift cards Anonymous?
Prepaid cards are available online and at retail locations, and buying one is anonymous when you go the latter route. However, while you’ll be able to load funds to a prepaid card obtained in store at the time you get it, you won’t be able to anonymously reload it for recurring use.
How can I use a credit card without being tracked?
Go into a convenience store/7 Eleven and buy a prepaid credit card with cash. Sit down at a coffee shop or bar with your laptop, and connect to the wifi using your laptop. Get onto a VPN service of some kind to obscure your IP address. Register a brand new email account for any logins you might need for your purchases.
Can you get caught using a stolen gift card?
Store security could detain them until the police arrive, and they could be prosecuted for theft and/or fraud. But if no one has yet reported it lost or stolen, it will have the full value and anyone could use it to make a purchase. That is why you should keep up with gift cards and use them as soon as possible.
Can I find out who used my gift card?
Once you have the gift card number (or as much information as you can find), call customer service for the merchant that issued the gift card. The objective of the phone call is not to “find” the gift card, but to find out if the gift card has been used.
How do thieves steal gift cards?
Cloning Gift Cards
Thieves will steal a stack of gift cards, write down or photograph the numbers, and then return the gift cards to their display. Now they only need to wait for the gift card activation in order to steal the cash. If a card has a PIN number, they can either scratch off the number and leave it bare.