Can you please recommend good reads on statistical analysis related to online fraud detection and prevention of account abuse?
closed as off topic by Joshua Chance, chrisaycock♦ Jul 2 '11 at 3:36
Questions on Quantitative Finance Stack Exchange are expected to relate to quantitative finance within the scope defined in the FAQ. Consider editing the question or leaving comments for improvement if you believe the question can be reworded to fit within the scope. Read more about closed questions here.
Technically, this isn't fraud, but it should be. It's definitely account abuse.
The sad part is, even after being shown this kind of information, I have watched several retail "traders" lose their ass on this crap.