

Fraudology Podcast with Karisse Hendrick
Rolled Up
If you work in online fraud prevention, chances are you've caught the "bug". The bug that makes you passionate about identifying & preventing cybercriminals from getting away with stealing from your company, or your client's companies. Most people who have made cyber-fraud their career have the perfect balance of analytical and social skills, a strong sense of justice and the curiosity that will drive you to go down every path of information until you "crack the case".
Just like sociology is the study of social behavior, and psychology is the study of human behavior, Fraudology is the science and study of fraud.
On the Fraudology podcast, long-time online fraud expert, Karisse Hendrick will dive into all areas of Fraudology from the perspective of a fraud-fighter. With guests ranging from former cybercriminals to fraud-fighters at Fortune 500 companies to law enforcement and others, you will no doubt be entertained, while learning a lot about fraud & other forms of abuse prevention!
Subscribe to be alerted when a new episode is out and please rate & review where you can, to help others find this new & unique podcast!
Just like sociology is the study of social behavior, and psychology is the study of human behavior, Fraudology is the science and study of fraud.
On the Fraudology podcast, long-time online fraud expert, Karisse Hendrick will dive into all areas of Fraudology from the perspective of a fraud-fighter. With guests ranging from former cybercriminals to fraud-fighters at Fortune 500 companies to law enforcement and others, you will no doubt be entertained, while learning a lot about fraud & other forms of abuse prevention!
Subscribe to be alerted when a new episode is out and please rate & review where you can, to help others find this new & unique podcast!
Episodes
Mentioned books

Jul 22, 2025 • 43min
Targeted, Tricked, and Tracked: The Modern Anatomy of Fraud
A shocking data breach at McDonald's exposed 64 million records, highlighting the dire need for strong passwords and multi-factor authentication. Recent statistics reveal a 20% rise in credit card fraud losses, signaling a darker threat landscape. Hear the eye-opening firsthand experience of a fraud researcher who tracked his stolen identity's exploitation over time. The episode also shares a heartbreaking story of an imposter scam that drained a woman's retirement savings, illustrating the manipulative tactics scammers use to build trust.

7 snips
Jul 15, 2025 • 49min
16 Billion Passwords Leaked, AI Fraud Fighters, and a Scammer’s Dream Home
Dive into the audacious world of fraud, featuring a Florida inmate who orchestrated a $1.2 million scheme from behind bars. Discover the staggering leak of 16 billion passwords, marking a colossal data breach with serious implications. Europol's takedown of a crypto fraud ring and MasterCard's innovative AI tools to combat card fraud illustrate the evolving battle against cybercrime. Learn about global efforts in countries like Singapore and Australia, where new laws are being enacted to combat rising scams and protect victims.

5 snips
Jul 8, 2025 • 34min
VAMP's Hidden Costs: Non-Settled Transactions and TC40 Reports
Dive into the complexities of Visa's Acquirer Monitoring Program as the host uncovers hidden costs of non-settled transactions. Learn how TC40 fraud reports can unfairly penalize merchants for fraud beyond their control. Discover the alarming practice of double-counting chargebacks and the broad range of fraud types impacting merchant risk. With insights from industry veteran Rick Clinch, the discussion advocates for fairer fraud monitoring practices, ensuring merchants are equipped to face the evolving landscape of online payment fraud.

7 snips
Jun 24, 2025 • 29min
Impersonation Scams: How Retailers Fight Back
Impersonation scams are on the rise, with fraudsters posing as major retailers like Amazon and Microsoft. Innovative strategies are being employed by retailers to combat these threats, including shutting down scam numbers and monitoring gift card activities. The podcast highlights the significance of training employees to recognize potential victims and showcases the collaboration with law enforcement. Insights gained from an insider expert reveal vital tactics for both companies and consumers to counteract these deceptive schemes.

7 snips
Jun 17, 2025 • 39min
Beyond Identity: The Multifaceted Nature of Application Fraud with Frank McKenna
In a riveting discussion, fraud expert Frank McKenna dives into the alarming rise of application fraud in digital banking. With over a decade of experience, he shares insights from a Visa report revealing a staggering 244% surge in digital lending fraud. Frank highlights the normalization of fraud, sophisticated techniques like synthetic identity fraud, and alarming trends such as credit washing. He emphasizes the need for enhanced fraud detection technologies and multifaceted verification systems to combat these evolving threats effectively.

7 snips
Jun 10, 2025 • 36min
Fraud News Roundup: Scams, Application Fraud, and Credit Manipulation
The podcast dives into alarming statistics revealing that 96% of Americans face scam attempts weekly. It discusses the surge in application fraud, driven by digital document forgery, and urges financial institutions to adopt better detection methods. Social media scams are on the rise, affecting 60% of adults, showcasing increasingly sophisticated tactics including AI. A tech company faces sanctions for enabling cryptocurrency fraud, highlighting the risks for businesses associated with scams. The conversation emphasizes the need for stronger fraud prevention measures across the board.

8 snips
Jun 3, 2025 • 39min
Visa's VAMP Program: Latest Updates and Merchant Impact
Dive into the latest transformations of Visa's Acquiring Monitoring Program (VAMP) that are shaking up the payments landscape. Explore the complexities of new fraud and dispute monitoring structures along with critical changes to chargeback management. Discover expert insights on the controversial Order Insight program and why some remain skeptical about its effectiveness. Learn how merchants can strategize to tackle these changes, optimize their dispute management, and prepare for enforcement in 2025.

May 27, 2025 • 1h 1min
The Power of Feedback in Fraud Prevention: Matt Vega Explains
Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn this insightful episode of the Fraudology Podcast, host Karisse Hendrick welcomes back Matt Vega, now Chief of Staff at Sardine, to discuss the latest trends in marketplace fraud and seller risk. Matt shares his unique perspective from both the customer and vendor sides, explaining how Sardine's customizable fraud tech stacks are revolutionizing fraud prevention across industries. The conversation dives deep into the importance of feedback mechanisms in fraud detection, with Matt emphasizing how crucial it is for companies to provide outcome data to their fraud prevention vendors. He argues that this feedback loop is essential for fine-tuning fraud detection models and improving overall performance. The episode also tackles the misconception that friction always leads to customer churn, with Matt presenting compelling evidence that strategic, risk-based friction can actually increase customer trust and engagement. Listeners will gain valuable insights into cutting-edge fraud prevention strategies, including the power of device intelligence and behavioral biometrics in identifying seller fraud. Tune in to learn how to build a more robust fraud prevention strategy for your business.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast weekly, on Tuesdays.

6 snips
May 13, 2025 • 59min
Bridging Cyber and Fraud: Insights from a Career Chameleon
Allison Miller, a seasoned expert in fraud prevention and cybersecurity with over 20 years at giants like Visa and PayPal, shares her unique journey. She discusses her consultancy, Cartomancy Labs, and innovative strategies for tackling fraud with a focus on collaboration across departments. The conversation highlights the fusion of cybersecurity and fraud prevention, the impact of machine learning in fraud detection, and the vital role of context in digital transactions. Listeners will gain insights into the evolving landscape of financial security.

May 6, 2025 • 32min
Fraudology Update: New Vamp Changes and Tariff Dodging Schemes
Fraudology is presented by Sardine. Get your tickets to Sardine[Con] and end the scamedmicIn this episode of Fraudology Karisse Hendrick provides important updates on Visa's Acquirer Monitoring Program (VAMP) and explores how recent tariffs are impacting e-commerce fraud. Hendrick explains that VAMP implementation has been delayed until October 1st, with fines not taking effect until January 2024. She clarifies that acquirers will likely pass VAMP fees onto merchants exceeding certain fraud ratios. Notably, Visa is expected to announce that alerts from Ethoca, CDRN, and RDR will now count towards reducing merchants' fraud ratios - a significant change from previous announcements. Hendrick also discusses how post-authorization systems may be negatively impacted by VAMP and Visa's new enumeration program.The episode then delves into the fascinating ripple effects of recent tariffs on e-commerce fraud patterns. Karisse shares insights from conversations with retail executives, revealing how tariffs are leading to customs delays, increased chargebacks, electronic stockpiling that triggers fraud systems, and the creation of "straw merchants" to avoid fees. She explains how fraudsters are exploiting Canadian accounts for cross-border schemes and how freight forwarding services are surging. Throughout, Hendrick emphasizes how these trends are straining fraud departments and forcing them to re-evaluate what constitutes suspicious behavior.Don't miss the eye-opening insights - tune in now to stay ahead of the latest fraud trends and regulatory changes!Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast weekly, on Tuesdays.