Online Fraud Related Lawsuits - Banks w/ Zelle + OpenSea

Fraudology is presented by Spec. Learn more about how their platform and request a personal demo, or stay turned for details on our group date demo.Online fraud that isn't prevented, is now keeping lawyers in the US busy! Over the last month, several class action lawsuits have been filed against banks such as Wells Fargo, Bank of America, Capital One, TD Bank, and others, claiming these financial institutions were aware of the significant fraud risks to consumers, without a method for victims to receive repayment.https://frankonfraud.com/fraud-trends/a-wave-of-zelle-class-action-lawsuits-hitting-banks/Lawsuits are also being filed against the largest & most popular marketplace for Crypto and NFTs, OpenSea. Users report loss of stored value NFTs (via ATO), fake/inauthentic NFTs, and glitches that have caused users to sell other seller's items for a discount. Users don't feel like OpenSea has been proactive in preventing fraud from occurring on its site or in recovering/reimbursing fundshttps://www.nytimes.com/2022/06/06/technology/nft-opensea-theft-fraud.html?auth=link-dismiss-google1tapWhat can other companies learn from these situations to avoid being next? Also, Karisse talks about a new trend being reported by retailers with physical stores & the FBI, which result in high dollar chargebacks that merchant is responsible for. Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Om Podcasten

If you work in online fraud prevention, chances are you've caught the "bug". The bug that makes you passionate about identifying & preventing cybercriminals from getting away with stealing from your company, or your client's companies. Most people who have made cyber-fraud their career have the perfect balance of analytical and social skills, a strong sense of justice and the curiosity that will drive you to go down every path of information until you "crack the case". Just like sociology is the study of social behavior, and psychology is the study of human behavior, Fraudology is the science and study of fraud. On the Fraudology podcast, long-time online fraud expert, Karisse Hendrick will dive into all areas of Fraudology from the perspective of a fraud-fighter. With guests ranging from former cybercriminals to fraud-fighters at Fortune 500 companies to law enforcement and others, you will no doubt be entertained, while learning a lot about fraud & other forms of abuse prevention! Subscribe to be alerted when a new episode is out and please rate & review where you can, to help others find this new & unique podcast!