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Category: Security and Fraud Issues

Fraudsters Bribed Amazon Employees in Refund Abuse Scheme

December 9, 2023December 9, 2023 Ina Steiner
Amazon

Amazon filed a lawsuit on Thursday alleging that an international fraud organization called REKK stole millions of dollars of products through systematic refund abuse by tricking the company, including bribing employees. According to the complaint: […]

2 CommentsMarketplaces, News, Security and Fraud IssuesAmazon, Amazon bribery, Amazon lawsuit, Amazon refund abuse, Refund abuse

Etsy Adds Anti Spoof Feature to Help Deter Fraud

October 23, 2023October 23, 2023 Ina Steiner
Etsy

Etsy is adding a new feature in response to the increase in targeted emails directed at sellers by fraudsters. In an announcement on Monday, Etsy wrote: “We’ve recently seen increased reports from sellers who’ve received […]

Marketplaces, News, Security and Fraud IssuesEtsy, Fraud

Amazon Helps Take Down Fake Call Centers in India

October 19, 2023October 19, 2023 Ina Steiner
Amazon

Amazon teamed up with Microsoft to thwart scammers in India posing as employees of their respective firms, the most recent example of Amazon’s more aggressive actions against fraudsters in recent years. Amazon issued a press […]

1 CommentMarketplaces, News, Security and Fraud IssuesAmazon, Central Bureau Investigation India, Fraud, Kathy Sheehan, Microsoft

Fake Reviews Conference Spawns New Coalition that Includes Amazon

October 17, 2023October 17, 2023 Ina Steiner
Amazon

Ask any online seller and they’ll tell you they live or die by customer reviews – a fact that has led to a thriving industry of buying and selling fake reviews. On Tuesday, Amazon announced […]

Marketplaces, News, Security and Fraud IssuesAmazon, Becky Foley, Coalition for Trusted Reviews, Dharmesh Mehta, Fake reviews, Tripadvisor, Trustpilot

From ‘Crockdictment’ to Home Confinement, Consultant Sentenced in Amazon Bribery Scheme

July 14, 2023July 14, 2023 Ina Steiner

A Brooklyn-based consultant who helped Amazon sellers get their accounts reinstated was sentenced on Friday to two years of probation, including a year of home confinement, and a $100,000 fine because, according to prosecutors, he […]

1 CommentMarketplaces, News, Security and Fraud IssuesAmazon bribery case, Ed Rosenberg

More Details about Consultant’s Role in Amazon Bribery Scheme

July 8, 2023July 14, 2023 Ina Steiner
Amazon

Prosecutors provided additional details about Ed Rosenberg’s role in the Amazon bribery scheme to which he pleaded guilty in federal court on March 30th to one count of conspiracy, when he admitted he had bribed […]

Marketplaces, News, Security and Fraud IssuesAmazon, Amazon bribery case, Ed Rosenberg

Online Sellers Should Heed FTC Warnings on AI

May 4, 2023May 4, 2023 Ina Steiner
Federal Trade Commission

The FTC issued a warning to companies about their use of AI (artificial intelligence) in commercial practices. It’s easy for online sellers to forget they’re obligated to comply with consumer-protection laws, but some fairly small […]

2 CommentsNews, Security and Fraud Issues, Trends and Shopping DataAI, FTC, Generative AI

Arrest Sparks the Question, How Big Is Trading Card Fraud?

March 14, 2023 Ina Steiner

The Feds accused an 82-year-old Colorado man of defrauding trading-card collectors, including residents of New York and Michigan, over a period of 4 years. They charged him last week with conspiracy to commit wire fraud. […]

2 CommentsNews, Security and Fraud IssuesFraud, grading, Trading card fraud, Trading cards

PayPal Sued for Negligence over December Data Breach, Invests in Cybersecurity Firm

March 7, 2023March 7, 2023 Ina Steiner
PayPal

Two PayPal customers sued the company for negligence over a December data breach that the company reported in January. The plaintiffs allege that PayPal failed to comply with FTC guidelines and failed to comply with […]

1 CommentNews, Payments, Security and Fraud Issuescredential stuffing, cybersecurity, Data Breach, Deep Instinct, PayPal, PayPal lawsuit, PayPal Ventures

What to Do When a Scammer Copies Your Online Store

November 26, 2022November 26, 2022 Ina Steiner
Scam

Sellers of all sizes deal with rivals copying their products and listings, but on Friday, a large merchant discovered someone had begun selling goods using his well-established store brand. Remarkably, credit card companies were processing […]

News, Security and Fraud Issuescopycat sites, Fraud, Michael Pezely, Signifyd

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