Renegades Hang wrote on Jul 5, 2019, 18:19:
MoreLuckThanSkill wrote on Jul 5, 2019, 12:51:
....The remainder of their keys are bought in low price markets and resold, which is at best, in a gray area legally.
How is that a grey area in any way whatsoever? If Amazon is selling $20 basketballs for $10 and I buy a bunch of them and sell them for $15 once the Amazon price returns to normal, who has been cheated here? Everyone benefits: Amazon sold more basketballs than they otherwise would have, the person who bought them from me saved $5 more than they would have at $20, and I made money I wouldn't have for orchestrating the transaction.
If nobody calls to report the card stolen, they just bill the customer...
Well of course they do since their fraud check didn't consider it suspicious enough to stop and so they have to assume it was a legitimate purchase. I work as a fraud analyst at a major retailer and I can tell you that you have to let many suspicious transactions go through or else you will be canceling or holding up way too many orders. Fraud checks require balancing speed with suspicion.
if somebody does call, they just cancel those charges and the guy who bought that key from G2A ends up getting screwed eventually.
I doubt the guy that bought from G2A gets screwed. Here is how a similar situation works in my biz. If a fraudster steals a credit card and buys product from our store and then sells that product on ebay, the person who unwittingly bought the items from the fraudster on ebay has nothing happen to him. He keeps his products and will probably never be told by anyone that he bought stolen goods. Nothing happens to Ebay either since it wasn't their fault. The person who's card was stolen also gets their money back from the card company. The people who get screwed are either the credit card company that let the original fraud purchase go through at our biz, or our biz. It depends on a few circumstances whether we or the credit card pays.
If the retailer could magically reach into the customer's home and pull the stolen item back, they would do that a lot more often. You can do that with software keys. Only takes 60 seconds.
'I am' is reportedly the shortest sentence in the English language. Could it be that 'I do' is the longest sentence? - GC