Phony online storefronts raise questions about policing e-commerce worldwide
June 23, 2017
A Reuters investigation has uncovered a network of bogus online stores, ostensibly selling household items but that are in fact being used as a front to process unlawful gambling transactions. That practice, referred to as “transaction laundering,” sets up a system by which one online merchant handles a payment card transaction on behalf of another.
Recent News
Amazon Broadens Same-Day Pharmacy Delivery Service to New York City and Los Angeles
Amazon is looking to make prescription delivery as seamless as possible for customers in New York City and Los Angeles by adding them to the list of cities where it provides same-day pharmacy deliveries.
Fashion Enthusiasts Seek Algorithm-Free Shopping Inspiration on Substack
Substack, an online platform that provides publishing, payment, analytics, and design infrastructure to support subscription newsletters, has become the go-to destination for young fashion enthusiasts wanting to escape algorithms.
Mike Lindell’s MyPillow Evicted From Warehouse After Falling $200K Behind on Rent
The entrepreneur must vacate the property located in Shakopee, Minnesota.
Mega Millions Has a $1.13B Jackpot Winner From New Jersey
One winning ticket was sold for the Mega Millions $1.13 billion jackpot in New Jersey.