Reloadable Card Scams
January 6, 2017
Scammers want your money quickly. For years, they've conned people into sending them money via traditional wire transfer services like Money Gram and Western Union. But they're now requesting more easily accessible reloadable cards for payment. You can find these at almost any store - gas station, grocery store, pharmacy, etc. - they have a serial number that is used to transfer funds from the card. You put money on the card and can then use it to make payments to companies or transfer funds to another card. Reloadable cards are just like sending cash - once the money is downloaded on the other end, it's gone for good.
Think about it, legitimate businesses will not ask you to pay them with Amazon or iTunes gift cards. Instead, they will ask you to pay by Visa, MasterCard, etc. Anyone who tells you to the corner pharmacy to buy a reloadable card to pay a debt is trying to scam you, period.