When the scam is spelled out like this, it may seem like it would be obvious to spot. Once they have this information, the gift cards can’t be reversed or recovered. Scammers often try to keep you on the phone while you buy physical cards at a retailer like CVS, and then get you to read out the redemption codes and PIN numbers to them.They’ll explain that it’s a secure way to send money, or it’s the fastest payment method to get you out of trouble. Once they have their victims believing their con, fraudsters claim they need gift cards as payment.This could mean impersonating an authority figure to create a sense of urgency (like the police or IRS) or inventing a sob story as to why they’re selling a high-priced item for an unbelievably low price. Scammers start by quickly building trust and rapport with their victims through common social engineering tactics.Here’s how an eBay gift card scam typically plays out: Yet, while the scams may differ, the process is roughly the same. Instead, most of these scams succeed by either pressuring people to send gift cards as payment for non-existent fees and fraudulent purchases, or tricking victims into sharing eBay gift card information outside of the normal checkout process on. There’s no one-size-fits-all eBay gift card scam. What Are eBay Gift Card Scams? How Do They Work? In this guide, we’ll explain how eBay gift card scams work, the most common scams to watch out for, and what to do if you’ve been scammed out of gift cards. Gift card scams may seem easy to spot, but scammers are getting more sophisticated with their schemes. Fraudsters tricked Steve into sharing the gift card numbers - rather than using them to pay for the car on eBay - and disappeared with his money. That’s exactly what happened to Steve Dobbins last year when he tried to buy a $1,200 vehicle on eBay Motors with gift cards. If you send a scammer gift card numbers or the codes found on the backs of the cards, your money is as good as gone. ĮBay gift cards are a perfect target for scammers because they can be treated almost exactly like cash. In particular, eBay gift cards are among the most sought-after commodities for cybercriminals, with victims losing more than $10 million to eBay gift card scams in the first nine months of 2021 alone. Gift card scams are on the rise - but scammers have become pickier about which gift cards they want. Is It Safe To Pay for Items With eBay Gift Cards?
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