: Fraudsters use the cards to buy popular electronics (like iPads or iPhones) that can be easily resold for nearly 95% of their retail value.
Once a gift card is acquired with stolen funds, it is converted into "clean" money through: buying gift cards with stolen credit cards
Buying gift cards with stolen credit cards is a major component of modern financial crime, used primarily as a fast, anonymous way to "cash out" stolen credentials. Criminals favor gift cards because they function like untraceable cash once purchased. : Fraudsters use the cards to buy popular
Criminals use stolen credit card data to purchase gift cards through several specific methods: used primarily as a fast