Jason Kent is hacker-in-residence at Cequence Security. Kent: Fake account creation can result in massive fraud, a problem often minimized because everyone has encountered a fake account at one time or another. Fake accounts are so commonly used that there are software tools that automate the creation to mask your identity or generate status Fake account use extends deep into the retail world, where they are used heavily by hype-sale bots in grabbing up highly desired items.
Source: https://threatpost.com/fake-accounts-sneaker-bots-internet/167626/