BogusBazaar ripped off shoppers and scraped card details, but not in China
A crime ring dubbed BogusBazaar has scammed 850,000 people out of tens of millions of dollars via a network of dodgy shopping websites.
The crooks behind the caper bagged roughly $50 million in the past three years from fake online stores spanning 22,500 domains, according to a"The operation of fraudulent webshops is a seemingly small but well-organized crime," Matthias Marx, a security consultant at SRLabs, told"As each fraud case has a relatively low volume, the fraudsters seem to have managed to evade the attention of the law enforcement authorities despite earning millions.
According to the report, most folks who make a purchase on one of the fake stores – usually for discounted luxury items – don't receive anything at all, and the lucky few who do get a delivery are greeted with counterfeit merchandise. A single BogusBazaar server, most of which are hosted in the US and use Cloudflare, can usually present 200 shops, with some hosting up to 500 storefronts. These sites use WordPress with the WooCommerce plugin, though in the past Zen Cart and OpenCart were also used.US charges 16 over 'depraved' grandparent scams
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