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  2. Return fraud is costing retailers billions. A new AI program ...

    www.aol.com/news/return-fraud-costing-retailers...

    Spotting designer knockoffs is now easier than ever. French luxury brand Lacoste is using Vrai, an AI technology developed by Cypheme, a leader in anti-counterfeit artificial intelligence, to ...

  3. Counterfeit consumer good - Wikipedia

    en.wikipedia.org/wiki/Counterfeit_consumer_good

    Counterfeit goods can be found in nearly every industry, from luxury products like designer handbags and watches to everyday goods like electronics and medications. Typically of lower quality, counterfeit goods may pose health and safety risks. Various organizations have attempted to estimate the size of the global counterfeit market. [2]

  4. Temu - Wikipedia

    en.wikipedia.org/wiki/Temu

    Temu (/ ˈ t iː m uː / ⓘ TEE-moo) is an online marketplace operated by the Chinese e-commerce company PDD Holdings, which is owned by Colin Huang. [10] [9] [11] It offers heavily discounted consumer goods [12] mostly shipped to consumers directly from China.

  5. Scam alert: Report shows which companies are ... - AOL

    www.aol.com/news/scam-alert-report-shows...

    Impersonation scams, where someone pretends to be with a popular company or government agency, are getting worse. Scam alert: Report shows which companies are impersonated the most Skip to main ...

  6. List of scams - Wikipedia

    en.wikipedia.org/wiki/List_of_scams

    Pèngcí is a scam originating in China in which scammers feign injury in traffic accidents in order to extort money from drivers. [ 43 ] [ 44 ] Scammers also may place ostensibly expensive, fragile items (usually porcelain) in places where they may easily be knocked over, allowing them to collect damages when the items are damaged.

  7. How online scam warlords have made China start to lose ...

    www.aol.com/news/online-scam-warlords-made-china...

    China’s growing frustration with the junta over its failure to tackle the scam industry was not lost on the ethnic rebels as they planned their attack for October 27.

  8. Package redirection scam - Wikipedia

    en.wikipedia.org/wiki/Package_redirection_scam

    A package redirection scam is a form of e-commerce fraud, where a malicious actor manipulates a shipping label, to trick the mail carrier into delivering the package to the wrong address. This is usually done through product returns to make the merchant believe that they mishandled the return package, and thus provide a refund without the item ...

  9. Drop shipping - Wikipedia

    en.wikipedia.org/wiki/Drop_shipping

    Drop shipping is a form of retail business in which the seller accepts customer orders without keeping stock on hand. Instead, in a form of supply chain management, the seller transfers the orders and their shipment details either to the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the goods directly to the customer.

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