e-receipt fraud

With the holiday shopping season entering its twilight hours, retailers have turned their attention to preventing fraudulent returns. The Florida Retail Federation expects total annual returns to hit $260.5 billion this year, including $9.1 billion worth of fraudulent returns. Holiday returns alone are estimated to account for $2.2 billion in fraudulent returns, the group said, up from $1.9 billion in 2014. “Due to the spike in retail fraud that takes place this time of year, we can’t stress enough for…

Keep Reading