May 9, 2019
Amazon sellers hit by 'extensive' fraud campaign
An "Extensive" fraud let thieves steal cash from Amazon merchants for six months during 2018, the online retailer has revealed. About 100 accounts run by merchants who sell via Amazon were compromised by fraudsters, Bloomberg reported. Quoting legal documents it had seen, Bloomberg said the fraudsters changed bank details on Amazon accounts to divert cash. Amazon is still piecing together what happened during the long-running attack, but it believes targeted merchants were tricked into handing over login information for their accounts. Amazon lawyers have asked for permission to search bank accounts held at Barclays and payment processing firm Prepay in a bid to track down the fraudsters, said Bloomberg.
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