ProPublica | How Walmart’s Financial Services Became a Fraud Magnet @ProPublica | Uploaded March 2024 | Updated October 2024, 1 hour ago.
Customers were duped out of more than $1 billion because of holes in Walmart’s financial systems, through schemes involving money transfers and gift cards. You can become a victim even if you never even speak to a scammer.

Read our full investigation to understand how the scams work: https://propub.li/3Vj74Lw

// Timestamps //
0:00 - The scammers are out here
0:15 - How-to: The Walmart scheme
1:14 - History of facilitating mass fraud
2:00 - Walmart resists cracking down
2:39 - Walmart’s defense
3:17 - Latest scheme: Card draining

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