Fake buyers/sellers, shipping scams, overpayment scams.
Marketplace Scams: Identifying Fraudulent Buyers and Sellers
The Threat Landscape Marketplace scams thrive on digital commerce platforms, involving fake buyers, fraudulent sellers, shipping scams, and overpayment schemes. Scammers may send fake payment confirmations to trick sellers into shipping goods or use overpayment tactics to request a “partial refund” of funds that never actually existed. These scams damage the trust essential for digital marketplaces to function.
The Cypher Guard Intelligence Methodology Our core strength is following the money and verifying key details through OSINT (Open-Source Intelligence). We gather and analyze publicly accessible data from websites, social media, and blockchain explorers to identify suspicious activity and verify the legitimacy of marketplace actors. This turns open data into a powerful tool for holding scammers accountable.
What You Receive
- Entity Intelligence Profile: A report detailing the digital footprints and verified information regarding the fraudulent marketplace participant.
- Technical Transaction Trace: Proof of where funds or assets were directed during the fraudulent transaction.
- Institutional Reporting: A detailed intelligence report that you can submit to the marketplace platform, banks, or law enforcement.