CTM360 Exposes Fake Gift Card Scams Exploiting Trusted Brands

CTM360 identified more than 1,000 incidents linked to a campaign using trusted brands, celebrities, and social media advertising to promote fake gift cards. Victims are sent to fraudulent reward portals and endless verification processes intended to collect personal information, drive application installs, and enroll users in paid mobile services. No gift cards were delivered in the flows tested.