Valve's Steam Gift Cards have been a staple in major retailers throughout the world for quite some time. But today, the firm confirmed they're being phased out.
There are a lot of scams out there but a common one is to trick people into buying gift cards and giving scammers the info.
(Like calling your grandma and telling her you got kidnapped with an AI impersonation of your voice) or (stealing credit cards, using them to buy a shit load of cards and flipping those cards before the credit companies can cancel them)
Scammers sell the cards on 3rd party sites for cash and those sites resell them for a profit. You can often find deals for less than in retail stores.
It’s a grey area tho as there are some legitimate people just selling cards they got for a holiday and don’t want.
So, what scams are happening? Is this a “do not redeem” type of thing?
There are a lot of scams out there but a common one is to trick people into buying gift cards and giving scammers the info.
(Like calling your grandma and telling her you got kidnapped with an AI impersonation of your voice) or (stealing credit cards, using them to buy a shit load of cards and flipping those cards before the credit companies can cancel them)
Scammers sell the cards on 3rd party sites for cash and those sites resell them for a profit. You can often find deals for less than in retail stores.
It’s a grey area tho as there are some legitimate people just selling cards they got for a holiday and don’t want.