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Maker of popular gift cards sued over alleged ‘card draining’ scam risk

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cnn.com/2023/12/20/business/gift-card-scams-card-draining-lawsuit/index.html

A Georgia-based company that makes many popular gift cards faces a lawsuit in California alleging it failed to take precautions to prevent scammers from draining gift cards of their value – a scam that experts say is common.
The lawsuit, filed by San Francisco City Attorney David Chiu, draws attention to InComm Financial Services’ proprietary nonreloadable gift cards,…

This story from cnn.com was posted on 2023-12-20 by @lakemist.

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