Using Stolen Credit Cards To Buy Gift Cards 🔖 💯

Criminals typically follow a structured process to convert stolen credit data into untraceable funds: Using Stolen Credit Cards to Buy Gift Cards - Riskified

The use of stolen credit cards to purchase gift cards is a prevalent form of and organized retail crime . This method is favored by criminals because gift cards provide high anonymity, are easily resold, and lack the consumer protections associated with traditional payment methods. The Fraud Lifecycle using stolen credit cards to buy gift cards