Security Alerts & News
by Tymoteusz A. Góral

History
#1750 Amazon and eBay sellers' VAT fraud rife despite crackdown
Huge numbers of VAT fraudsters are illegally selling goods tax-free to British shoppers on Amazon and eBay this Christmas, despite new government efforts to crack down on this ballooning £1bn VAT evasion crisis.

A Guardian investigation found a wide variety of popular goods being illegally sold without VAT on Britain’s leading shopping sites. They range from cheap Christmas tree lights, electric toothbrushes and thermal socks to expensive laptops, iPads, music keyboards, violins and pingpong tables.

In some cases, VAT fraudsters offer unbeatable prices. Mostly, however, their prices remain in line with law-abiding competitors and the proceeds of evasion disappear overseas, often to China.
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#1750 Amazon and eBay sellers' VAT fraud rife despite crackdown
#1749 PayPal fixes OAuth token leaking vulnerability
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