Home Posts tagged "1st party fraud"
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Couple Serving 5 Years for $1.2 Million in Friendly Fraud

Published on June 12, 2018, by in Case Studies, Fraud Prevention.

An Indiana couple made over 2,700 purchases from Amazon over the period of a few years, creating new accounts and morphing their identities to continually report goods as damaged or never having arrived. The professional fraudsters stole more than $1.2 million in electronics, but now each face more than five years behind bars. Erin and

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Best Buy Using Shared Return and Exchange Data to Prevent Friendly Fraud

Published on April 11, 2012, by in Fraud Prevention.

In efforts to combat merchandise return fraud retailer Best Buy has instituted a system where they scan an identity document when someone makes a return in-store. If the person has suspicious return and exchange habits they may be blocked from making future returns for 90 days. Read More

 
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