Online shopping fraud involves deceptive schemes targeting buyers and sellers through fake stores, phishing links, or stolen payment details. Scammers exploit trust to siphon money or data, while criminals profit financially, and fraudsters launder illicit gains. Legitimate businesses suffer reputational damage, and victims face financial loss, identity theft, or undelivered goods. Understanding these tactics helps consumers verify sellers, use secure payment methods, and report suspicious activity promptly.
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