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More than 500 million Ticketmaster customers reportedly had their personal information, including credit card data, hacked and sold on the dark web.
Once they possess this information, scammers can engage in identity theft and credit card fraud, which enables them to extract additional funds in addition to the initial cost of the lost tickets.”
A class-action lawsuit seeks to punish Citibank for arbitrarily denying the applications and closing the accounts of people with Armenian-sounding last names under the aegis of fraud prevention.
The Better Online Ticket Sales Act of 2016 ( Pub.L. 114-274, S.3183, commonly referred to as the BOTS Act) was signed into federal law by President Barack Obama on December 14, 2016. [ 1] This act was created to thwart attempts by individuals and organization to automate the process of purchasing tickets en masse using ticket bots.
Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation ...
Friendly fraud, also known as chargeback fraud occurs when a consumer makes an online shopping purchase with their own credit card, and then requests a chargeback from the issuing bank after receiving the purchased goods or services. Once approved, the chargeback cancels the financial transaction, and the consumer receives a refund of the money ...
Citi is a major issuer of store credit cards, including retail cards for Home Depot, Best Buy and other chains. To punish Citi for the alleged discrimination, the CFPB ordered the bank to pay $25. ...
Credit card fraud. A fake automated teller slot used for "skimming". Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [ 1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal.