|
|
Article: Retailers on guard against gift card fraud.
- Article from:
- The Dallas Morning News (Dallas, TX)
- Article date:
- January 19, 2006
CopyrightCOPYRIGHT 2006 The Dallas Morning News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Karen Robinson-Jacobs
DALLAS _ Now that holiday gift card givers have handed out billions in plastic presents, the scam artists are as busy as Christmas elves.
Gift card fraud _ be it a simple sleight of hand or elaborate techno thievery _ is on the rise, experts say. As the use of gift cards grows, so does their attractiveness to crooks. Consumers bought an estimated $18.5 billion in gift cards this holiday season, up 6.6 percent from 2004.
Retailers and restaurateurs are working with trade groups, processors and law enforcement to spot and stop the latest scams without making the system too burdensome for legitimate consumers.
...