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Retailers lose $76.5 billion annually to return fraud as nearly 10% of U.S. retail returns involve fraudulent activity, with $850 billion in returns expected in 2025.
If you fall victim to a scam and lose any money, contact your bank immediately using the number on the back of your bank card. You should also report it to Report Fraud (previously known as Action Fraud), or dial 101 to reach the police if you're in Scotland.
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Big retailers like Target increasingly hit by online refund fraud rings; one Minnesotan charged in one scam
Noir Luxury Refunds marketed itself as an expert in helping consumers get refunds from retailers. But its expertise was grounded in fraud, federal prosecutors say, and a Minnesota man is expected to be the 10th person to enter a guilty plea for the Noir ...