With Stolen Cards, Fraudsters Shop to Drop

[unknown]

Does anyone understand this article and if so, would you please explain how it's used by ebay buyers? They've got ebay down as the 7th on the list.

krebsonsecurity.com/2015/09/with-stolen-cards-fraudsters-shop-to-drop/

[Deleted]

I read the article, but my head is about to explode. I can follow the scheme, but I don't get the significance of the top 20 list. Is it the top 20 places where things are purchased with stolen credit cards? No matter what, I don't think it's anything that I need to be too concerned about. If I were selling NIB electronics, it might be an issue.

[val2525]

The list is stores most frequently targeted BY the scammers - where the scammers are buying items to have shipped/reshipped.

Which is logical - this only works with online purchases, so if you look at the list, they're all websites with heavy traffic and a large percentage of the ecommerce market.

[mupcycledcouture]

Yep. Those sites are being shopped by the scammers. They have items shipped to a US customer, the drop, who then repackages and ships the item to Russia. They are scamming the drop in the US, or the drop is in on the take. Item is resold in Russia for a large profit. The scammer in Russia and the person who provided the stolen CC# split the profit. The drop in the US gets "fired" before they even get their first paycheck and is subject to being prosecuted for a crime.

[val2525]

It's also probably bulk consumer goods like electronics, related supplies, etc. Doubtful they're trafficing used clothing.