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How Walmart’s Financial Services Became A Fraud Magnet More Information

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Campus & Community 2025-07-21

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Post Time: 2025-07-21

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: // 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 - ProPublica is an independent, nonprofit newsroom that produces investigative journalism with moral force. + Sign up for our weekly newsletter: + Follow us on X/Twitter: + Follow us on Instagram: + Follow us on TikTok: + Follow us on Facebook: + Follow us on Threads: + Follow us on Mastodon: + Follow us on Bluesky: + Follow us on Post News:


How Walmart’s Financial Services Became A Fraud Magnet For Country: United States. City: Boise, San Jose, San Mateo, Sioux Falls, Temecula

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How Walmart’s Financial Services Became a Fraud Magnet

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