18 Jan: Best Buy Supports Bill to Help Prevent Gift Card Fraud

Best Buy is supporting a new bipartisan bill in Congress that aims to prevent gift card fraud.

The Stop Senior Scams Act (S. 149), introduced by U.S. Sens. Bob Casey (D-PA) and Jerry Moran (R-KS), is designed to help raise awareness about gift card scams and other types of fraud and prevent seniors from becoming innocent victims.

“The more we can help shine a light on these scams and how they work, the more likely we are to stop them before they happen,” said Todd Hartman, Best Buy’s chief risk and compliance officer.

gift card fraud

26 Dec: New PSA warns consumers of gift card fraud

Everyone loves gift cards — even scammers.

That’s why Best Buy is teaming with AARP and the National Association of Attorneys General (NAAG) to launch a campaign aimed at raising public awareness around gift card fraud.

As gift cards have gained popularity in recent years, there’s also been a rise in criminals trying to trick consumers out of their money. These scams are always evolving, but a common version asks victims to use gift cards to pay legal fees, bail, taxes or other “urgent” expenses.