With the increased popularity of internet over the past ten years, along came the rise of scams. With thousands of different websites on the World Wide Web, how do you know which are a scam and which are legitimate? Sites that allow people to list goods for purchase or sale, such as Craig’s List, eBay and Amazon are especially susceptible to scams. .
The news station WRDQ in Orlando, Florida recently featured a story involving a college student who was scammed when trying to sell her gift card on Craig’s List. The student listed her $125 Target gift card that she had won at a party on the site. She chose Craig’s List because she had friends that did the same and successfully sold their cards for cash. Soon after posting on the site, the student received an offer from someone who claimed to be in Orlando and was willing to pay $100 for the gift card. The buyer wanted to confirm how much money was on the gift card by calling Target; However, in the process, he was able to retrieve her card information and use the gift card without paying for it through a three-way phone call.
The college student realized that she had been scammed when the buyer never showed up to purchase the gift card from her. When she called Target, they informed her that her balance on the gift card was now zero dollars. Security experts say that scammers can use a program to record phone tones and turn them into card access codes. They can then use the access codes to either purchase products online or transfer the balance to an existing card.
According to the Better Business Bureau, online buyers remain the biggest target for scams because they think they are getting a deal from online sellers. To avoid becoming a victim of a scam, it’s extremely important to research the buyer/company before you consider doing business with them. When selling or purchasing a gift card, make sure you use a legitimate company like GiftCardRescue.com to ensure that you aren’t being scammed!
To watch the full WRDC news story, click the link below.