Yeah this is exactly how people abuse my company too. Stolen credit cards used to take out subscriptions. The resulting bogus accounts with a stolen subscription are then sold off for pennies on the dollar. It’s a numbers game for these scammers but any money they make is pure profit. When the cardholder catches on, they charge back. Then we get the blame for not knowing that the transaction was fraudulent. Absolute 🐄 💩
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Do you have an idea how companies like Amazon or Apple (or you know any other big corps deal with this? I doubt they just foot the bill. Do they get some kind of an insurance? Is there a possible legal action perhaps?