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Benzinga
Benzinga
Business
Madison Troyer

The Return Fraud Epidemic: How $103 Billion In Returns Are Costing Shopping And Sellers Big

Hdr,Image,,Walmart,Customers,Check,Out,Line,,Cashier,Counter,-

Many shoppers think of returns as a no harm, no foul transaction. If they deem a purchase unnecessary, and the product is unused and easy to resell, they're largely right. 

However, retailers are now telling Business Insider that the returns are becoming a major issue. Especially as outright return fraud — in the form of empty packages, swapped out items, claiming failed deliveries, or abusing generous return polices — is ramping up.

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