Category: tap-to-pay fraud

  • Arrests in Tap-to-Pay Scheme Powered by Phishing

    Arrests in Tap-to-Pay Scheme Powered by Phishing Authorities in at least two U.S. states last week independently announced arrests of Chinese nationals accused of perpetrating a novel form of tap-to-pay fraud using mobile devices. Details released by authorities so far indicate the mobile wallets being used by the scammers were created through online phishing scams,…