Buying Gift Cards With Stolen Credit Cards (WORKING)

: Scammers make a purchase with a stolen credit card and then return the item, requesting the refund be placed on a gift card. This converts the stolen credit line into a legitimate, untraceable store credit.

Criminals use stolen credit card data to purchase gift cards through several specific methods: buying gift cards with stolen credit cards

: Cards are sold on marketplaces or the dark web at a discount (often 60–80% of face value) for cryptocurrency or cash. : Scammers make a purchase with a stolen

The scale of this fraud is significant, affecting millions of consumers and leading to massive merchant losses: Using Stolen Credit Cards to Buy Gift Cards - Riskified buying gift cards with stolen credit cards