RealNews

Prepaid gift cards: terrorist tool

It’s the holiday season, which means that many shoppers will solve their gift-giving dilemmas by buying prepaid gift cards from retailers such as Neiman Marcus and Starbucks. But there is a darker aspect to the prepaid card boom, which involves a new kind of card that can be used almost anywhere — including ATMs worldwide. Law enforcement officials say these newer cards, many of which can be reloaded online or at checkout counters, are an ideal tool for credit-card thieves, drug rings, and even terrorist cells. Full Story

OODA Analyst

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