Today, we received a copy of a letter that was sent out to certain individuals that sold gift cards to TPM. In the image, you can see that GiftCard Mart has conducted some inquiries and determined certain persons sold gift cards to TPM, and then liquidated the cards. The problem is GiftCard Mart had purchased these gift cards from TPM. Talk in private groups of how TPM sellers could recover from losses incurred when TPM checks either bounced or never arrived resulted in the idea that since the monies were never received, or not enough monies were received for cards sold to TPM, the seller could simply liquidate any of the cards that had remaining balances and recover some of their losses.
Some TPM Sellers Who Liquidated GCs Receive GiftCard Mart Demand Letter
Posted on by The Flying Detective. 81 Replies
