Return Fraud Hits Record High As Retailers Struggle
Merchants are struggling to keep up with the influx of return fraud. A new report released by Deloitte and Appriss suggest that fraudulent and abusive returns have hit a staggering $103 billion for 2024 which equates to about 15% of all customer refunds. The unprecented level of fraud has merchants trying to figure out better […]
Fake Mobile Bank App Is Helping People Defraud Lenders
Imagine if you made $1 million dollars a year. You could probably finance any car you want if you could show your bank balance to the lender. Well thanks to new app its now possible, even if you only make $10 a year. Auto lenders and car dealerships are the primary targets of these new […]