Visa Defeats Lawsuit over ‘Card Draining’ Vanilla Gift Card Scam

Visa Wins Lawsuit Over Vanilla Card Scam

Visa has successfully defeated a proposed class action lawsuit accusing the payments giant of not warning consumers that its prepaid Vanilla gift cards were susceptible to theft via a scam called “card draining”. In Manhattan, U.S. District Judge Gregory Woods dismissed the case, ruling that it would be unreasonable for consumers to think gift cards...

Visa Cleared in Lawsuit Alleging Failure to Warn About Gift Card Fraud

Visa wins lawsuit over Vanilla gift card fraud claims, as judge rules risks were reasonably known to consumers.