Visa Faces Lawsuit from Consumers Over Alleged Security Failure in ‘Vanilla’ Gift Card Scam
Consumers sued Visa on Tuesday after they said the card payments network failed to make prepaid “Vanilla” gift cards less likely to be stolen. Ira Schuman, who is leading the proposed class action in White Plains, New York, federal court, said he bought eight $500 Vanilla cards for his employees as holiday gifts in 2022 and 2023, but later learned the cards had been emptied. According to the complaint, the non-reloadable debit cards are sold at CVS, Target, Walgreens and other grocery and retail stores in thin cardboard boxes that…
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