Scammers are creative, you have to give them that I suppose. Recently we’ve started seeing a new chargeback fraud technique. Here’s how it works: A thief possesses a stolen credit card and also knows the billing address of the owner of the credit card. They purchase a large e-gift certificate, using the billing and shipping address of the actual owner of the card. They then use the gift certificate to place several smaller orders under a variety of aliases. After they receive their orders, they then file… Continue reading
A New Chargeback Fraud Scheme
8/12/13