Gift cards have no value until activated, so they aren't usually under lock and key at the store. This makes them very easy to steal. Thieves steal the worthless gift cards, record card numbers and PINs, and then return the cards to the shelves at the store.Sep 12, 2013
Can a stolen gift card be traced?
Can stolen gift cards be traced? In general, it is very difficult for gift cards to be traced. A main component of gift cards is that they are not attached to an individual or an account, so there is no personal information linked to them. ... This should help reduce the number of gift card scams in the future.Feb 26, 2021
Can gift cards be stolen?
The most widespread form of gift card fraud is also the simplest. Fraudsters simply use stolen credit card numbers to buy gift cards online and use or resell them before the merchant gets hit with the inevitable chargeback.Jul 8, 2021