Scam – Financial Treason & Crime

Becky Robertson, 27 January 2021

An exposé from the CBC found multiple citizens across six provinces including Ontario had been charged, even those who live in remote areas where DoorDash isn’t even offered.

It also seems that many of the targets weren’t even existing DoorDash customers, making the methodology of how the fraudsters got their banking info all the more sketchy.

The origins of the scam and who is behind it have yet to come to light, but DoorDash has said that it is taking the situation very seriously and has worked with TD to resolve the issue through reimbursements.
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08/17/202002/22/2021

Article: The Dark Side of Delicious: Decoding Food Delivery Fraud on the Dark Web

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The Dark Side of Delicious: Decoding Food Delivery Fraud on the Dark Web

Amarelle Wenkert, 17 August 2020

In more ways than one, scamming a food delivery service is gateway fraud. Remember when ordering pizzas to the address of an unsuspecting victim was a staple of youthful mischief? Some of the popular food delivery fraud MOs our analysts encounter these days are not far removed from childhood pizza pranks. But what some forms of food fraud lack in sophistication, they offset in the mounting losses they cause.

From the simple practice of ordering a meal, “disposing of the evidence,” and calling to claim a refund because your food never arrived, to more complex account takeover (ATO) scams orchestrated by seasoned fraudsters, food delivery often comes with a side of fraud. A lot of what we know about food delivery fraud we discover on the dark web, where fraudsters brag about their spoils and share tips on how to hustle a hot meal. In this blog post, I’ll explore why the sector is attracting so much fraudulent activity and how it is affected by the rising ATO trend. I’ll also share the most popular MOs Riskified analysts identified on the dark web.
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06/22/202002/23/2021

Article: Hyliion Holdings Corp (HYLN): SHLL is a scam

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Hyliion Holdings Corp (HYLN): SHLL is a scam

investorguru2 , 22 June 2020

SHLL is a scam. Their market cap at 10$ a share is 1.5Billion$ and at 20$ a share, their market cap is 3Billion$. They have a cash of 560 million $. So the current market cap of the Hyliion company is 2.4 Billion$ for a company we have no idea about the revenue or sales. The current float is 23 million shares and they are already sitting on a 80% profit and they are bound to take those profits. Then the shortable shares also would put pressure, then the market makers have incentive to short and the Hyliion management is happy with the 2.4billion $ valuation they have currently. They are not worried about the short term valuation dip that is bound to happen and the price may recover again close to third quarter of 2020 when the merger actually happens if Hyliion can prove that its worth 2.4 billion $. So short term, I am making a bearish case here.
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08/09/201802/24/2021

Article: Fraudsters using Shopify to scam people, and critics say the company isn’t doing enough to stop them

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Fraudsters using Shopify to scam people, and critics say the company isn’t doing enough to stop them

Gerrit De Vynck and Alistair Barr, 09 August 2018

Shopify’s fight against fake users echoes similar battles being waged at Facebook, Twitter and YouTube. And like those companies, Shopify is contending with the same conundrum: Is a so-called platform company responsible for the behaviour of those who use it? Shopify must police users without limiting its ability to make fistfuls of cash from them.

“We can ensure that there are fewer bad actors on our platform every single day,” says Shopify Chief Operating Officer Harley Finkelstein. “Do some sneak in from time to time? It could happen, just like it could happen on any platform.”
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