Once a gift card is acquired with stolen funds, it is converted into "clean" money through:
: 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. buying gift cards with stolen credit cards
: Fraudsters use stolen credentials to buy digital gift cards. They often use bots or "bulk-buy" tactics to obtain as many cards as possible before the stolen credit card is flagged and blocked. Once a gift card is acquired with stolen
: Stolen gift cards are typically used or resold on the same day they are purchased to stay ahead of bank disputes and chargebacks. Monetization and Resale They often use bots or "bulk-buy" tactics to
Criminals use stolen credit card data to purchase gift cards through several specific methods: