The Amazon Pallet Scam/Mystery Box/Return Pallets
The example below emphasizes the need to be cyber-aware this shopping season, whether you are purchasing something for yourself, a loved one, or your business. Our FortiGuard Labs team has uncovered a growing number of scams related to the resale of used or returned items. And as you might expect, scammers and bad actors have also seized on this trend. Shoppers have been flocking to these new sites looking for great deals on holiday purchases. These stores provide a benefit for the consumer and the environment since many returned products otherwise often end up being incinerated or tossed into a landfill. These outlets usually resell returns, overstocks, slightly damaged, and used items purchased in bulk from retailers nationwide, often at a steep discount. This has created a burgeoning second-hand market. And rather than repackaging these items for resale, many returns are sent to logistic companies that bundle and sell them in bulk, often for pennies on the dollar. This year, however, many online retailers have curtailed these benefits, citing inflation and lower profits. But despite this change, when combined with the sheer volume of sales in brick-and-mortar stores, the number of returns is still expected to rise.
Online returns jumped from 10.6% in 2020 to 16.6% in 2021-an overall $761 billion dollar increase. The volume of online returns has been increasing steadily over the past five years. But with increased sales comes an increase in returns and exchanges.
Mystery box amazon free#
Impact: Loss of personally identifiable information and/or moneyīecause the online marketplace is so competitive, many online retailers offer free shipping and returns during this period. At the same time, retailers, small businesses, and mom-and-pop stores also spend more money to stock their shelves. Because the holiday season includes gift giving and sales on desirable merchandise, individuals tend to spend more money than average. The holidays are upon us, and in some parts of the world, the month of December (especially in North America) is when many retailers earn the bulk of their revenue.
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