By operating a “fraud-as-a-service’ (FaaS) website, BogusBazarr, operating out of China, runs 200 fraudulent webshops and has so far claimed 850,000 victims, mostly from the US and Western Europe.
Victims who access BogusBazarr shops are offered amazing-sounding deals on shoes and apparel from well-known brands. But as the webshops are totally fraudulent, the victims end up having their credit card details stolen with nothing to show for it.