$11 B in Chargebacks 2023 but some is Friendly fraud

[NoMoreE46]

This NBC news article doesn't get too in depth. 

I am concerned with the abuse of the process especially with TikTok type influencers-  touting a New, SECRET Hack! 

‘Friendly fraud’ has more consumers disputing charges (nbcnews.com)

[cashorcharge]

When I've had to do this for a legitimate issue...I will say that both Chase and AMEX were super easy to handle it with and my account was credited in hours.  About a month later I received word dispute was resolved in my favor.  Cut out all the drama of poor customer service with retailers unwilling to cooperate.

[Gregory1776]

Can't imagine faking this is easy if you've made a legitimate purchase. Don't banks try  and find out if your a lying *blank*

[NoMoreE46]

Took about 13 years to uncover the fraud from this team.

https://ficoforums.myfico.com/t5/Credit-in-the-News/Mother-and-daughter-indicted-for-defrauding-cred...