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I know the Department of Homeland Security is going after gift card
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scams that have potentially stolen billions of dollars.
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Have you heard of the scam?
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Have you been scammed?
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Yes. Was it hard to be buyer?
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How did that happen?
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Well, yeah, I gifted it to someone and it was
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very embarrassing. It was very embarrassing because I gifted them a
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gift card and they received it and then they called me and
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they were like, hey dude,
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the gift you gave me has like literally nothing in it.
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And I'm like, what the hell I was like,
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dude, the receipt is in there.
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I included it like it should have money in there,
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you know, and nothing.
00:40
Well, yeah, that's embarrassing for the embarrassing.
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Yeah. And then I felt bad because I'm like,
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dude, no, I can't like not like,
00:48
so I gave them money instead I sent them money.
00:52
that was scammers do something called card draining.
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So they take the gift card from the store display,
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write down the card number and the pin and put back the
01:07
Yes. So then they wait until a customer buys the gift
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card and loads money on it.
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So they have to be like,
01:15
you have to be pretty quick to steal it,
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you know. That's wild.
01:19
No. Yeah. And it's like this has happened to me
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So when I put my gift card on an app,
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I use it and it's still a balance.
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But then next thing,
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you know, it's gone and like I didn't go back to
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the store and then I look at the,
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you know, the receipts or whatever.
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someone in Oklahoma used it.
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I'm like, wait what?
01:40
They just drained it.
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And I'm like, that's crazy.
01:43
Federal investigators have leaked the scam to Chinese gangs and say that
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more than 1000 gift card scammers in the US might actually work
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with them. It's a whole operation.
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It's like worldwide. Oh dang.
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It's a business dude.
01:58
it's a whole system and actually a Canadian man was arrested in
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the US last year for a $22 million gift card scam 22
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million. That's insane.
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22 million. And those that our money is probably in that
02:12
too. Our gift cards that we gifted was part of that
02:15
scheme. But around 100 people in the US have been
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arrested for car draining and a quarter of Americans say they've been
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victims of this scam.
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Have you been a victim of a gift card,
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