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GauntletWizard • yesterday at 8:42 PM • 2 replies • view on HN

Fraud has been the fastest growing sector for about 20 years now. Much of this is movement of previously simply scammy products into actual scams. The kinds of things that you used to find advertised on late night television are now supercharged by Amazon availability, by ads that can directly target likely marks, and by the terrible state of reviews; it's so easy to manipulate that there's effectively zero correlation between quality and reviews on any major site, and paradoxically the sites actually selling products are the least awful at this.

This is only the start, though, because growing even faster are obviously criminal exploitations. Flat out forgeries dominated the Amazon marketplace due to Amazon's binning practices. This ruined the margins and destroyed the reputations of every quality vendor. They have reversed this course, but too late, the quality vendors mostly went under or were bought up by scammers to ride their reputations, and we are left with marketplaces full of fly-by nights. Every major retailer dropped their quality to zero to keep up.

And last, we get to do the brazen criminality, pig fattening scams, tech support scams, identity theft, criminal gangs raiding supermarkets en-mass, and all manner of wire fraud. These are growing even faster, as an aging population has provided ample prey for these sorts of scams. They are generally headquartered overseas and effectively immune from prosecution.

It is not all Doom. These are problems that have been dealt with before. There is an idiom that has softened with use, "wild west", that accurately describes this. The solution, historically, was the posse system, state authorized activity that otherwise looked an awful lot like vigilante justice. We haven't demanded that yet, but we will soon.


Replies

cowlevel • yesterday at 10:11 PM

Why isn't there, like, a website that is like Amazon but not a scam, and people actually use? Actually I know many of these, but nobody talks about them and everyone only talks about Amazon - why is that?

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