E-Commerce Fraud on the Rise

[admin]

E-commerce fraud is big business. Web-based shopping scams will cost U.S. merchants approximately $3.6 billion in 2007, an increase of 20 percent over 2006 levels, according to a report commissioned by security company CyberSource.
Though incidents of fraud increased slightly, actual revenue loss from online shopping scams held steady from 2006 at 1.4 percent, according to findings released Tuesday. A final white paper will be released in January, according to a CyberSource spokesman.
Researchers from Mindwave Research surveyed 318 companies that have online operations primarily in the United States and Canada. Forty percent of respondents are CyberSource customers.
About 1.3 percent of 2007 online orders were fraudulent, an increase of 1.1 percent over last year. Retailers have been taking extra care to monitor transactions for signs of fraud, however, and they rejected approximately 4.2 percent of 2007 orders. Online stores now review about 27 percent of their orders, up from 23 percent last year. As a result, three out of four e-commerce purchases are actually legitimate, the study said.
In the case of suspected fraud, 37 percent of respondents said they allow two to three business days for the customer to respond before the transaction is canceled. Ten percent said they cancel it in half a day or less, while 19 percent give six days or more.
The largest retailers use an average of eight fraud screening tools, the report said. Use of automated fraud detection tools increased by 2 percent over the last year. The most popular tool is address verification, used by 80 percent of respondents. About 74 percent use card verification numbers, while 39 percent have company-specific fraud screening in place, the study said.
About 59 percent of retailers accept international orders, though these purchases are 2.8 times as likely to be fraudulent, CyberSource found. A majority of the overseas orders come from the United Kingdom, Australia and Germany.

source: pcmag.com/article2/0,2704,2216470,00.asp

[Pissed Webmaster]

Company is registered and doing business in Miami Beach.

I have contacted a FL attorney and am interested in starting a class action suit against this company. Not only did I not get paid, she used my designs to defraud consumers that have filed reports on the ripoffreport.com site. She also has copies of my SS card and TX DL. I have all of the items she had on her website (stored on my PC), a check from her Bank of America account, and can prove that she used my designs fraudulently.

I started working for this company on August 11, 2008. I interviewed over the phone and sent a sample poster at her request. I was told I would be paid on September 1st, but did not receive my paycheck. I finally was overnighted a check for $250, labeled as an advance. I went to cash the check at the bank and it was no good she stopped payment last evening at 9:00 pm. I went to research this company on the internet and found the following items. This person has been scamming people for years and she needs to be put in jail. I am also planning to file a civil suit, but also want to pursue a criminal case. Please let me know what I need to do to stop this woman. Not only did I not get paid the $3000 she owes me, but she also has I9 and W4 information on my including copies of my SS card and DL. For all I know, she has stolen my identity. Article of her business' incorporation attached.



Trade Electronics Complaint
May 29, 2007 ... The only point of contact for the company, one Karina Knausederova, claims to be a sales associate, with no insight into the company’s ...
browse.complaints.com/redirect.php?entry_id=145246 - 26k - Cached - Similar pages
Rip-off Report: Trade Electronics Scam Company, Don't Work For ...
On July 10, 2007, the Magistrate here in Georgia will be hearing arguments alleging Karina Knausederova of Theft by Deception. ...


Show map of 5800 Hollywood Blvd, Hollywood, FL 33021

Rip Off Report: Trade Electronics Scam Company, Don't Work For Them, You Will Be Sorry If You Do!!! Hollywood Florida - 56k - Cached - Similar pages
Rip-off Report: Trade Electronics (AKA Tradelee), Karina ...
Trade Electronics (AKA Tradelee), Karina Knausederova No name brand products as ... The only point of contact for the company, one Karina Knausederova, ...


Show map of 6538 Collins Ave, Miami, FL 33141

Rip-off Report: Trade Electronics (AKA Tradelee), Karina Knausederova No name brand products as promised, only knockoffs. DO NOT SEND MONEY. Miami Florida - 56k - Cached - Similar pages
More results from Ripoff Report: By Consumers, For Consumers »
Ripoff Report: By Consumers, For Consumers
Similar Reports: Trade Electronics, Karina Knausederova ... Trade Electronics (AKA Tradelee), Karina Knausederova No name brand products as promised, ...
https://www.ripoffreport.com/viewsim...ova&ref=251297 - 18k - Cached - Similar pages
Ripoff Report: By Consumers, For Consumers
Trade Electronics - Tradelee Stay Clear Of Trade Electronics and Karina Knausederova Miami FloridaAuthor: Portland, OregonMiscellaneous Electronics : Trade ...
https://www.ripoffreport.com/viewsim...ics&ref=358357 - 27k - Cached - Similar pages
Pissed Consumer - Internet Fraud
Mar 12, 2008 ... Karina Knausederova is her name and she will never pay you for the work you do for her website. Don't believe me? call her yourself and ask ...
tradeelectronics.pissedconsumer.com/internet-fraud-20080312115268.html - 81k - Cached - Similar pages
Tradelee is hiring a Global Sales Manager in Pittsburgh, PA: sales ...
Posted @ 02:09PM, April 21, 2008 by Karina Knausederova ... Enter a note or cover letter to Karina Knausederova at Tradelee. *Validate application: ...
Deleted Job | Jobster - 22k - Cached - Similar pages
SCOMIS #036 KING COUNTY NEW CASE LIST 08-22-08 PAGE 1 08-1-05288-1 ...
... 08/18/2008 COMMERCIAL PLA01 JOBSTER INC DEF01 KNAUSEDEROVA, KARINA DEF02 TRADELEE INC ATP01 KINSEL, WILLIAM ALAN SCOMIS #036 KING COUNTY NEW CASE LIST ...
http://www.metrokc.gov/kcscc/daily%2...082208case.txt - 63k - Cached - Similar pages
www.sunbiz.org - Home - Department of State
Address Changed: 11/04/2006. Officer/Director Detail. Name & Address. Title P. KNAUSEDEROVA, KARINA P 6538 COLLINS AV. #329 MIAMI FL 33141. Annual Reports ...
www.sunbiz.org - Department of State... - 10k - Cached - Similar pages
Internet Fraud Scams
Turns out Karina Knausederova been scamming people for years, one guy even quit his full-time job to join her pseudo company, be careful! ...
creditcardfraud.delkid.co.cc/internet-fraud-scams.php - Similar pages