Drained gift cards becoming epidemic

Drained gift cards becoming epidemic

Assessment

Interactive Video

Information Technology (IT), Architecture, Business, Social Studies

University

Hard

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The video discusses the common issue of gift card fraud, highlighting a case where Bill Sampson bought a gift card that turned out to be worthless. Scammers often swap real cards with fake ones or use algorithms to predict card numbers. Expert Herb Weisbaum advises buying electronic gift cards, checking for tampering, and using cards promptly. The video concludes with a warning to be cautious during the holiday season.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What common issue is associated with buying gift cards?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Bill Sampson discover when he opened his Home Depot gift card?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Americans have experienced gift card fraud according to the AARP survey?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What recommendations does Herb Weisbaum give to avoid gift card fraud?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What should consumers do to ensure they do not waste money on gift cards?

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