Massive webshop fraud ring steals credit cards from 850,000 people

BogusBazaar is a large, organized fraud operation that launched over 75,000 fake webshops since 2021 (about 22,500 currently active), tricking roughly 850,000 people and attempting an estimated $50 million in fraudulent purchases by stealing credit card details and reselling them on dark web marketplaces; the group operates an infrastructure-as-a-service model with a core development team and decentralized franchisees, hosts shops on expired domains and hides servers behind Cloudflare.