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Four brothers targeted Amazon in alleged $19 million fraud scheme – Source CNET Internet News

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Four brothers from New York state were arrested and charged by federal authorities Wednesday in an alleged scheme to overcharge Amazon for wholesale orders and pocket $19 million in the process.

From 2017 to 2019, the brothers allegedly ran a wholesale business that exploited Amazon’s vendor systems to send the e-commerce giant significantly more stuff than it agreed to buy and then charge the company a lot more money. For instance, in August 2018 Amazon agreed to buy from the brothers 12 canisters of a disinfectant spray for $94.03 per pack. Instead, they manipulated the…

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Source CNET Internet News

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