What are gift card scams, and how to avoid them?

Gift card scams are fraudulent activities where scammers trick people into purchasing gift cards and providing them with information such as the card’s code or PIN.  Scammers utilize a variety of strategies, including fraudulent prize offers, romance scams and technical support hoaxes, to trick victims into providing gift card information. Scammers can use gift cards to make illicit purchases or sell them on the black market once they have the card’s details.

For instance, scammers may construct fake profiles on social media sites or dating services to build a rapport with the victim. They then request money and personal information from the victim and tell them it’s necessary in case of an emergency or to pay for a meeting. Similarly, con artists may pose as tech support agents to trick victims into believing their devices are infected with malware or viruses.

The victim is then told to buy a gift card to cover the repair cost. Gift card scams in crypto are similar to traditional gift card scams, but instead of gift cards, scammers use cryptocurrencies like Bitcoin (BTC), Ether (ETH) and other altcoins. In these scams, scammers deceive victims into sending them cryptocurrency by promising them a reward, prize or investment opportunity.

To win the trust of their victims, bad actors could employ phishing websites, phony social media profiles or other cunning strategies.

Scammers disappear after receiving the crypto, depriving the victims of any chance of getting their money back.

Exercising caution and conducting business with reliable and trusted sources is crucial when working with cryptocurrencies.

Tags:

caffe-nero listed on couponmatrix.ukclip-hair listed on couponmatrix.ukmonsoon listed on couponmatrix.ukpooky listed on couponmatrix.ukt-m-lewin listed on couponmatrix.ukthreadbare listed on couponmatrix.uk
caffe-nero listed on couponmatrix.ukCaffè Nero has to be one of the biggest coffee retail outlet success stories of the last few years. Adopting more of a traditional Italian ambience, Caffè Nero still stand by their start up status and vision to grow one coffee for one customer, one coffee shop at a time. So why not take advantage of a Caffè Nero voucher code and treat yourself to one of their delicious drinks or snacks. Whether you’re a die hard Caffè Nero fan or new to the chain, coffee has never tasted quite so damn fine.
clip-hair listed on couponmatrix.ukEnhancing your hairstyle is exactly what you can expect at Clip Hair, purveyors of extensions of every variety. Whether you prefer clip-in models for seamless integration or tape-in varieties for a more permanent effect, make sure you use a Clip Hair discount code during your purchase to knock the cost of your ideal extensions. Don’t let your dream hair be just an idea, make it a reality with seamless, professional extensions from Clip Hair.
monsoon listed on couponmatrix.ukGet your next fashion fix from Monsoon, the number one choice for contemporary boho clothing, accessories, and homeware. Whether you’re on the hunt for something special for the event of the year, or an outfit to boss that interview, Monsoon’s unique collections of apparel for women and children will have you ready for anything. Use a Monsoon discount code to get great reductions across every range, including a specialist wedding section bound to have your flower girls, page boys, and bridesmaids looking gorgeous for your big day. Ever since its beginnings in the 1970s, Monsoon has strived to be a company based on ethical principles, from staff working conditions to the way materials are sourced. So, your clothes will be as clean as your conscience!
pooky listed on couponmatrix.ukLighting is the main event, not an afterthought, at Pooky. Whether you’re looking for antique brass wall lights, vibrant lampshades or a twinkly chandelier, Pooky is the place for lovers of illumination. Ideal for creating a reading nook or brightening up a drab space, Pooky lighting comes in every colour, style and aesthetic you could want. Pick out your favourite Pooky discount code and apply it at the checkout for extra savings – because wonderful lighting should brighten your life, without draining your wallet!
t-m-lewin listed on couponmatrix.ukFor over 100 years, T.M.Lewin has been designing and creating stylish, high quality smart wear, suits and coats for men and women, innovating, moulding and reshaping styles and fashions plenty of times along the way. Make the most of a TM Lewin discount code to save on your next wardrobe upgrade - with crisp designs and quality fabrics to suit any style, you're sure to find the right fit at T.M.Lewin.
threadbare listed on couponmatrix.ukWhether you’re searching for a snazzy dress for a summer BBQ or a jacket for the new school term, Threadbare is the place to find top-quality men, women and children’s clothing at affordable prices. Savvy shoppers will find the best Threadbare discount codes and top sale picks on this page, as well as an abundance of discounts for students and key workers. Make Groupon your first port of call and you can expect to save more money on Threadbare clothing for parties, days out and everyday wear, too!