Tag: Fraud

Wire fraud: What it is and how to stop it

Wire fraud is a broad term describing one of the most common scams today. Learn what wire fraud is, its types, and most importantly, what you can do to protect yourself. Contents What is wire fraud? Wire fraud elements Wire fraud examples Wire fraud penalty What is the difference between wire fraud and mail fraud?…
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November 27, 2023 0

Fraud is never friendly: Friendly fraud and legitimate customer chargebacks

Despite the name, friendly fraud isn’t something that a customer or merchant can easily brush off. This chargeback process can cost significant revenue for sellers and even jail time for customers. In the best-case scenarios, it can guarantee drawn-out customer disputes. Fortunately, this type of chargeback fraud can be prevented with a few precautions. Here’s…
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November 21, 2023 0