counterfeit

Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
May 09, 2024  |  Fraud Attack

The internet has been both a blessing and a curse to society and commerce alike.  And with the news Wednesday (May 8) that a criminal network...

READ MORE >
FinCEN Warns Banks to Watch for Passport Card Fraud
FinCEN Warns Banks to Watch for Passport Card Fraud
April 15, 2024  |  Security & Fraud

Federal authorities are warning banks against the rising threat of passport card fraud. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department...

READ MORE >
Old School Fraud: Counterfeit Cash Makes Global Comeback
Old School Fraud: Counterfeit Cash Makes Global Comeback
March 15, 2024  |  Security & Fraud

While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are...

READ MORE >
Amazon Sues Alleged Counterfeiters in ‘Hidden Links’ Scheme
Amazon Sues Alleged Counterfeiters in ‘Hidden Links’ Scheme
September 06, 2023  |  Security & Fraud

Amazon has accused a pair of social media influencers of promoting counterfeit goods. In a lawsuit filed Wednesday (Sept. 6), the eCommerce giant accuses Kamryn Russell,...

READ MORE >
Gen Z Shoppers Knowingly Buy Fakes to Save Money
Gen Z Shoppers Knowingly Buy Fakes to Save Money
April 27, 2023  |  Retail

Knowingly buying fakes is taking hold as a cost-cutting trend among younger shoppers. As the high price of luxury goods presents a barrier to purchase...

READ MORE >
Amazon Launches Industry Partnership to Help Retailers Identify Counterfeiters
Amazon Launches Industry Partnership to Help Retailers Identify Counterfeiters
April 21, 2023  |  Retail

Amazon has launched a private-sector partnership working to stop the sale of counterfeit goods. The new Anti-Counterfeiting Exchange (ACX) allows participating stores to share information...

READ MORE >
Amazon, Fashion Designer Salvatore Ferragamo Help Shut Down Chinese Counterfeiter
Amazon, Fashion Designer Salvatore Ferragamo Help Shut Down Chinese Counterfeiter
April 26, 2022  |  Retail

Amazon’s Counterfeit Crimes Unit (CCU) played a key role in shutting down a Chinese counterfeiter who was making knockoff versions of Salvatore Ferragamo S.p.A.’s Gancini...

READ MORE >
Today in Retail: Brands Bet Big on the Metaverse; Authentic Brands Tables IPO Plans
Today in Retail: Brands Bet Big on the Metaverse; Authentic Brands Tables IPO Plans
November 22, 2021  |  Retail

In today’s top retail news, Gucci, Nike and other big brands are betting that consumers will want their virtual personas to wear the same gear...

READ MORE >
Retailers Use AI to Build Trust in Secondhand Luxury, Sneaker Sales
Retailers Use AI to Build Trust in Secondhand Luxury, Sneaker Sales
November 22, 2021  |  Retail

There is nothing like searching online for a nice secondhand watch, handbag or pair of sneakers, only to have the item show up and turn...

READ MORE >