Food delivery apps have taken off during the pandemic, and it looks like fraudsters have taken notice. Fraud detection company Sift said Thursday it has seen a rash of scams within the chat app Telegram that target restaurants and delivery apps for theft. It’s a low-level grift that goes like this: The fraudsters advertise in Telegram forums that they can illicitly buy food orders at steep discounts, around 60%-75% off. Diners send a direct message with a screen shot of their food app shopping cart and delivery address. The diner then pays the fraudster for the discounted meal in cryptocurrency, and the fraudster in turn covers the full cost through a new account, stolen credit card information or a hacked account. Diners get their food at a discount, restaurants are stuck with bogus payments, and the crooks get away with a profit. And all of it happens in a chat […]
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