41 min listen
Refund Fraud Is Officially Illegal And Black Friday/Cyber Monday 2023 - Online Fraud Update
Refund Fraud Is Officially Illegal And Black Friday/Cyber Monday 2023 - Online Fraud Update
ratings:
Length:
52 minutes
Released:
Dec 5, 2023
Format:
Podcast episode
Description
Fraudology is presented by Sardine. Learn more about how their one platform covers you for fraud, compliance, and payments.In this solo episode of Fraudology, Karisse focuses in on issues impacting e-commerce retail during the winter holiday season. Starting first with an update on the prediction she made in an earlier episode (9 November 2023) involving Black Friday/Cyber Monday and the possible return of the online fraud ring, the "Master Manipulators". She also shares how predicting unpredictable behavior of fraudsters is important, but also isn't a perfect science.Switching gears slightly, Karisse then shares recent news that the US Department of Justice has officially taken a position on refund claims fraud (aka- refund fraud), and once again makes a strong case for the importance of post-transaction investigations teams within e-commerce to work with law enforcement to prosecute bad actors. Articles Mentioned:https://marketrealist.com/what-is-walmart-and-amazon-online-refund-fraud/https://wsvn.com/news/local/miami-dade/university-of-miami-student-charged-by-doj-in-3-5-million-fraud-scheme/Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.
Released:
Dec 5, 2023
Format:
Podcast episode
Titles in the series (100)
Fraud and Budget Stress on the rise by Fraudology Podcast with Karisse Hendrick