'Essentially, I just gifted a scammer $100': Gift card draining costing shoppers and retailers

'Essentially, I just gifted a scammer $100': Gift card draining costing shoppers and retailers

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the growing issue of gift card fraud, highlighting how scammers tamper with cards to steal balances. It features a case study of Alexis Cruz, who unknowingly purchased a compromised card. The video outlines the financial impact of such fraud, with consumers losing millions annually. It also covers preventive measures, including new legislation in Maryland, and offers tips for consumers to avoid falling victim to scams, such as checking for tampering signs and using credit cards for purchases.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions did Alexis Cruz take after discovering her gift card was compromised?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much money did consumers reportedly lose to gift card fraud last year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What new law is Maryland implementing to combat gift card fraud?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some signs that a gift card may have been tampered with?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps can consumers take to protect themselves when purchasing gift cards?

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