The Refund Scam

Posted by on Nov 4, 2015 in Fraudster on the Roof, Wire Fraud

As always, please note that the intention of the “Fraudster on the Roof” series is for readers to learn and think about how to better detect fraud, not to improve how they implement it. The fundamentals of the Refund Scam are simple: scammer orders an item from a large online market place, when it arrives […]

Laundering Stolen Credit Cards

Laundering Stolen Credit Cards

Posted by on Jan 29, 2014 in Fraudster on the Roof, Money Laundering, Wire Fraud

This post is the second entry in the “Fraudster on the Roof” series. Please remember that the intention of this series is for readers to learn how to better detect fraud, not to improve how they implement it. Today we look at what it takes to launder money online, specifically through stolen credit cards. Cards […]

Fraudster on the Roof

Posted by on Dec 10, 2012 in Affiliate Fraud, Fraudster on the Roof, Mad Monday

Today I would like to kick off the “Fraudster on the Roof” series. If you know of a scam or scheme that you believe readers of iPensatori would find interesting, send it along to me and I’ll post it up for everyone’s benefit. Just to be clear here, I intend for readers to learn from […]