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This Week In Credit Card News: A New Kind Of Fraud Emerges; Inflation Causing A Scaled Down Spring Break

Por: Forbes Business February 10, 2023

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Fraudsters Double Down on Returns Abuse As more shoppers continue to move online, so has returns abuse. However, this form of fraud has become a severe drain on many merchants’ bottom line. Fraudsters have changed from amateur operations to more professional ones. After a customer receives their order, a fraudster will contact the merchant and claim the item has not arrived or it has arrived damaged. If the customer is supposed to return the... + full article



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