The Feds said it found 44,000 counterfeit batteries in a California warehouse that were destined to be sold on eBay and Amazon. A man admitted in a plea agreement that from March 2014 to June 2019, he and co-conspirators fraudulently Read more
We all do our best to be on guard for phishing emails designed to make us part with our money. But it’s just as important to watch out for phishing phone calls, too. A local bank sent a mass email Read more
PayPal launched a new solution for larger merchants called Fraud Protection Advanced and cited research showing organizations are losing an average of $4.5M a year due to fraudulent transactions. PayPal said Fraud Protection Advanced is built on insights from its Read more
Amazon said it continues to works with the Federal Trade Commission (FTC) and other law enforcement organizations to stop scams and protect customers after the FTC announced Tuesday it had entered into a settlement with an alleged scammer who it Read more
Sellers may feel that Amazon returns policy requirements favor buyers to the extreme, but committing returns fraud through Amazon could land you in jail. Amazon issued a statement on Tuesday about a man who was sentenced to 30 months in Read more
The US government asked some large tech companies on Monday about how they may be tracking the personal information of visitors and using them in algorithms. The FTC said it was sending orders to Amazon, TikTok, Discord, Facebook, Reddit, Snap, Read more
The government accused two Amazon sellers of altering postage labels resulting in a $6 million loss to the USPS. The US Attorney’s Office charged the men by complaint with one count each of theft of government funds and one count Read more
Any marketplace seller who has had their account suspended understands the feeling of desperation and sense of urgency to get reinstated. But some Amazon merchants were driven to use consultants that the government accused on Friday of conspiracy and fraud. Read more
Online sellers have one more thing to worry about: employees stealing from their PayPal accounts. An executive for online merchant Shoplet pleaded guilty on Thursday for embezzling nearly $6 million from his employer. The General Counsel managed Shoplet’s PayPal accounts Read more
Selling ill-gotten goods online is never a wise decision, and attempting to hide the proceeds from the IRS only compounds matters. The government says a company executive assistant bought unauthorized supplies from Staples and charged it to her employer, “intentionally Read more
