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Fake Online Reviews Linked to $152 Billion in Global Purchases
Fake online reviews are responsible for an estimated $152 billion in purchases, according to a new study based on data shared by major e-commerce sites. Customer acquisition security vendor CHEQ teamed up with the University of Baltimore to produce its Fake Online Reviews 2021 report — part of what it claims to be the “first-ever in-depth economic analysis of the full scale of internet harm.” The report’s headline claim is based on an average rate…
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