BBB, U.S. Secret Service and U.S. Attorney’s Office warn consumers and
retailers of gift card scheme
Criminals using stolen credit cards to purchase prepaid and reloadable cards
Buffalo, NY - November 23, 2015 – With Black Friday, Cyber Monday, Giving Tuesday and plenty of shopping on tap for consumers in the coming days and weeks, Better Business Bureau of Upstate New York (BBB), U.S. Secret Service (USSS), and U.S. Attorney’s Office (USAO) are teaming up to warn consumers and retailers of possible schemes and offer tips on keeping financially safe this holiday season.
Credit card fraud is behind a recent gift card scheme hitting major retailers and smaller chains which puts the public at risk. The Secret Service recently announced arrests of individuals who allegedly purchased a large amount of prepaid or reloadable gift cards using stolen credit card numbers. Better Business Bureau of Upstate New York and the Secret Service are advising the retail community to enhance point-of-sale fraud prevention procedures.