Substack creator hit by refund fraud: 13 accounts, instant refunds, $130 lost

petergyang · x · 2026-11-14

A Substack creator describes systematic refund fraud: 13 accounts paid $176 (R$1,000) annual plans using only 4 debit cards across two scam domains, then refunded one minute later after grabbing redemption codes. Stripe keeps processing fees on refunds, costing the creator roughly $130. The creator calls on Stripe Radar and Substack to improve fraud protection, and argues Substack's mandatory 7-day auto-refund policy should be left to creators.

Original post →

More from Venture

Venture channel →