Posted by Kelly Juell on
Luxury goods are a hot target for criminals. Whether it's payment fraud, counterfeiting, or chargeback fraud, criminals know that there is a lot of money to be made in the luxury goods market. That's why it's so important for business owners in this industry to be aware of the different types of fraud that can occur and take steps to prevent it. This is part one of two. In this blog post, we will first identify 3 types of fraud in the luxury goods industry and follow with part two: best practices to protect yourself from fraud on the next blog post.