fraud
Amazon Seized This Many Counterfeit Products in 2021
Amazon blocked more than 2.5 million attempts to create fraudulent selling accounts in 2021, it said in its…
GOTS Challenges NYT Exposé on Role in India’s Organic Cotton Scandal
A key aspect of the Times exposé was a 2009 discovery by India's agricultural export agency of "wide-scale…
Saks Gift Card Scam Revives Fraud Worries
Gift card sales are on the rise, bringing with them a host of vulnerabilities for brands, retailers and…
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How Costly Were Retail Returns in 2021?
For every $1 billion in sales in 2021, the average retailer incurred $166 million in returns, a survey from…
LA Fashion District Wholesaler Sentenced for Customs Violations, Tax Offenses
There is a restitution order in the case for $35.28 million, a forfeiture money judgment of $81.56 million…
Lord & Taylor Says AOV’s Already Up Nearly 40%
"I don't know that we want to call ourselves a department store," chief merchandising officer Dan Cate told…
Customs Fraud Lawsuit: $6M Settlement in Whistleblower Case
The settlement resolves a False Claims Act lawsuit against CEO Joseph Bailey and his two New York City…
Former Nike Manager Agrees to Plea Deal in $1.4M Fraud Case
Errol Andam allegedly used his position as a marketing manager to embezzle credit-card and cash sales from…
Amazon Returns-Scheme Perp Sentenced to 30 Months on Fraud Charges
Michael Chaves, who defrauded Amazon of more than $50,000, will also have to pay restitution.
Here’s How Conventional Cotton Passed for Organic and What GOTS Is Doing to Fix the Fraud
More than 20,000 metric tons of raw cotton received GOTS certification without merit.
Retail Tech Roundup: Alliance Data Pays $450M for Bread, B8ta Nabs Re:store
Two major acquisitions lead the week's roundup, while Group Dynamite and Vera Bradley partner with Signifyd…
The Dark Side of 2020’s E-Commerce Boom? A Surge in Digital Shoplifting
Shoppers increasingly gathering goods online show a brazen willingness to fleece e-tailers out of rightfully…
Tariff Takedown: Why Ambiance Apparel’s $118 Million Federal Case is Fashion’s Cautionary Tale
Charges in the federal fashion fraud case spanned conspiracy, money laundering, customs offenses and…
Hedge Fund Founder in Neiman Bankruptcy Slapped With Fraud Charges
A hedge fund founder is facing criminal and civil charges relating to MyTheresa in the Neiman bankruptcy.
Up Close: In Conversation with Riskified’s Eyal Raab
In this Q&A, Riskified's Eyal Raab discusses why Covid-19 has raised the risk of fraud and how retailers can…