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Fee Scam By Fraudsters Went Unnoticed

According to the FTC, the fraudsters charged 1.35 million credit cards a total of $9.5 million, but only 78,724 of these fake charges were ever noticed. Typically they floated just one charge per card number, billing on behalf of made-up business names such as Adele Services or Bartelca.LLC. Those buying German Shepherd puppies for Bitcoin online are in for a ruff ride, says Computerworld. Report finds that malicious actors are offering cloud-based troves of stolen data, accessible with handy tools to slice and dice what’s on offer.

Source: https://threatpost.com/fee-scam-fraudsters-went-unnoticed-062810/74152/

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