3 ms·
Presumably you only actually recover a minority of cases while meeting every single case of fraud with a legitimate theoretically enforceable demand for payment
by michaelmrose 4y ago
Presumably you only actually recover a minority of cases while meeting every single case of fraud with a legitimate theoretically enforceable demand for payment. Joe rando might or might not pay or ultimately be sued but Bob evil committing dozens to hundreds of cases of fraud would be and Joe would be put off just a bit by Bob's ruination.
- brewdad 4y agoJust like $250,000 fines for downloading Metallica killed online piracy.
- michaelmrose 4y agoGood point but I believe the issues are dissimilar. With downloading you are dealing with 100s of millions of people who can trivially foil all efforts to stick them with a bill with a few clicks. Return fraud is orders of magnitudes smaller and as it involves physical goods changing hands spoiling anonymity. A single user committing a single act of fraud might yet retain relatively good odds but a massive portion of fraud as with retail theft is perpetrated by a minority of offenders which could well be correlated by requiring an ID for all returns and dealing with a tiny number of major offenders very harshly. An environment in which you hear news about fraudsters facing prosecution or financial ruin would be perceived as riskier further dissuading offenders.
- ghaff 4y agoIt could also be seen as an environment where, as an honest buyer, you're safer purchasing from a B&M store where you can lay eyes on your purchase.