Scammers target Amazon buyers through compromised vendor accounts

Amazon customers beware: fraudsters have been targeting Amazon shoppers by creating seller accounts or taking control of genuine vendors to trick users into purchasing expensive items at unrealistically low prices.

An over £2,000, 55-inch LG OLED TV was on sale for half its price and labeled as a “used-like new” article by a vendor called ScElegance Electronics, according to a recent investigation by Comparitech. When the customer places the order for the TV, an error message appears asking the buyer “to complete the purchase outside of the Amazon system in a convincing phishing attempt.” The user never receives the item and Amazon will not offer a refund as the payment was not made through their system.

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