An e-commerce fraud scheme where a criminal lists products at attractive prices, collects payment from a legitimate buyer, then purchases the item from a real retailer using a stolen payment card — making the criminal difficult to detect.
Category: fraud prevention. Part of the Identity Technologist Glossary — 158+ practitioner-grade definitions covering identity verification, KYC/AML, biometrics, fraud prevention, and compliance. See all terms at https://identitytechnologist.com/glossary.