The term in question denotes a fraudulent scheme often targeting Amazon users. This illicit activity typically involves unauthorized charges of $99.99 appearing on customer accounts, often linked to purported subscriptions or services they did not knowingly authorize. Victims may discover these charges unexpectedly on their bank statements or credit card bills, prompting investigation and potential dispute.
Addressing this specific fraudulent activity is crucial because it can lead to financial loss for affected individuals. Furthermore, it erodes trust in online marketplaces like Amazon, which rely on secure transactions and customer confidence. Understanding the methods used in these schemes and preventative measures is essential for maintaining a safe online shopping environment. Historically, such scams have adapted with evolving technology, necessitating continuous vigilance.