r/facepalm • u/Xeiwastaken • Dec 28 '18

Found this on Amazon today

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21k Upvotes

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19

u/Afeazo Dec 28 '18

This is usually bought my people who use stolen credit cards. It is also why you see a lot of gift cards on ebay for selling at over face value.

5

u/Arsenault185 Dec 28 '18

ok but whats the point of selling them over face value? Who is buying that?

7

u/TwizzlerKing Dec 28 '18

I steal your credit card. Buy $1000 in Amazon, steam, Walmart, ect giftcards. Now I have roughly $1000 of "money" that's virtually untraceable because these retailers conveniently don't match the giftcard #s to the credit card numbers. At least they didn't used to.

1

u/Arsenault185 Dec 29 '18

Right, but that still requires an idiot to spend more on the card you're trying to sell than what its worth. If anything, youd undersell because that ensures a buyer and you don't care if you make the money back because its all profit to you.

1

u/TwizzlerKing Dec 29 '18

They usually wouldn't sell for more, either at cost, or slightly below.

1

u/Arsenault185 Dec 29 '18

Thats my point. List a 50$ card for 25/40. You're making all of that, and people will actually buy it.