But the money that Walmart saved for those victims is just a small fraction of the millions of dollars annually lost in so-called imposter scams that rely on gift card purchases.

Your credit card isn't the only item in your wallet that scammers love. Watch out for these gift card scams that could put you and your money at risk.

Cape Coral Police say a Walmart loss prevention officer monitoring surveillance cameras saw 25-year-old Sebastian Garcia Gallego slip tampered gift cards onto a rack, then leave the store.

Money Got gift cards for Christmas? What to do if you encounter scams The Better Business Bureau of Western Michigan says scammers are manipulating gift cards in-store to take money from consumers.

Her video now has over 154,000 views. Gift card skimming is a scam in which a thief will use a device to copy the information off of the back of a gift card, as reported by Today.

For a previous report on this story, view the video player above. COSHOCTON, Ohio (WCMH) – A man indicted on hundreds of counterfeiting charges in a gift card scheme was sentenced Wednesday to ...

A Walmart at the Pittsburgh Mills mall in Frazer proved to be the last stop in an alleged scammer’s nationwide crime spree. Frazer police arrested Zhixiang Chen, 19, of San Gabriel, Calif ...