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You could combat that, as an individual fraudster, by having many fraud seller sites that each sell very popular, commodity items. The problem there is that eve
by vegetablepotpie 5y ago
You could combat that, as an individual fraudster, by having many fraud seller sites that each sell very popular, commodity items. The problem there is that everyone else would be doing the same thing.
You could get to a point where there is enough fraud in the marketplace, you might have one fraud seller, buy from another fraud seller, human centipede style. It would be really interesting if it formed a closed loop. I’m sure it’s happened.
You could avoid that by making a network of fraudsters, who know about each other and can avoid each other. But then you’re only as strong as the weakest link. As soon as someone gets caught, the authorities have the full list of the network, and everyone gets taken down.
- bryanrasmussen 5y agoI guess it would be more efficient for fraudsters to say - any organization I have dealings with that I do not know is not a fraudster like me if they show fraudster like behavior I will henceforth treat as fraudster - that is to say 1 bad fraudster behavior from you no more dealings.
- bee_rider 5y agoThe fraudsters are probably better off just accepting this as part of the cost of doing business. If they coordinate, a whole ring could be discovered at once. If they just accept that they'll be ripped off at the same rate as legitimate merchants, they avoid that particular weakness. They should still make money, right? If enough fraud exists in the marketplace that the fraudsters don't make money, the legitimate businesses (with legitimate expenses!) should go under first, at which point the whole marketplace would fall apart.