Hackers Stole Money From 100 Amazon Merchants

100 Amazon merchants lost money through fraud loans and sales

Thousands of people are selling products on Amazon, and they want the money that falls directly into their accounts. But, Today, one hundred vendors who have been victims of fraud within the largest e-commerce platform in the world.

From the Bloomberg report, Amazon and its vendors were victims of a fraud campaign. There was an action that compromised the accounts of approximately 100 sellers between May and October 2018 and stole the money obtained through loans and sales. They have not given details on how they did it, but apparently, the hackers changed the accounts of Barclays Plc and Prepay Technologies Ltd., which are partly owned by Mastercard Inc.

Now they have asked the judge to search the accounts at Barclays and Prepay with the hope of investigating the fraud, tracking the funds and ending the nightmare. A spokesman for Barclays declined to comment specifically on the case but said the bank is trying to quickly close accounts used by criminals to help protect clients.

It is believed that everything started with a phishing scam, deceiving the victims so that they can deliver the login data. Unfortunately, nothing can be done if partners click on suspicious links and report their accounts on fake pages, even activating mobile accesses when a system has been configured in two steps.

Amazon issued more than $1 billion in loans to merchants in 2018. Yet, it is not found how much the hackers stole.

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