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Tag: Fraud


Amazon Merchants Hit by Extensive Six-Month Fraud

09

May 2019

Amazon Merchants Hit by Extensive Six-Month Fraud

Amazon.com Inc. was hit by an “extensive” fraud, revealing that unidentified hackers were able to siphon funds from merchant accounts over six months last year. Amazon believes it was the victim of a “serious” online attack by hackers who broke into about 100 seller accounts and funneled cash from loans or sales into their own bank accounts, according to a U.K. legal document. The hack took place...

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