Consumers returned nearly $900 billion worth of merchandise in 2024. Return fraud is on the rise and retailers are using ...
Retailers lose $76.5 billion annually to return fraud as nearly 10% of U.S. retail returns involve fraudulent activity, with ...
The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.
Fraud is eating into retail profits. A new startup called Pinch AI just launched with $5 million in funding to fight back.
Return fraud is on the rise, totalling $103 billion in 2024, according to a report by Appriss Retail and Deloitte Retailers’ generous return policies, the popularity of e-commerce, and social media ...