Internet Fraud

net Fraud net profit hoax is a rebuke that has become very widespread in recent years. Internet stratagem was first monitored by the Internet Fraud abide by organization in 1996. The Fraud Watch has stated that one at a time year after its inception internet player has add-ond. In 1998, the Securities and Exchange Commission established the Office of Internet Enforcement to watch online securities fraud which was another sign of how large the problem is comme il faut (Clausing). Despite the SEC¡¦s efforts this problem has not been alleviated, entirely instead continues to grow. According to the Internet Fraud Complaint aim (IFCC), ¡§the total dollar loss from all referred internet fraud cases was $54 million in 2002; this amount is al well-nigh trinity times as much than was lost in 2001¡¨(IFCC). This increase shows that the problem of internet fraud is becoming more widespread. The most widely reported type of internet fraud by the IFCC is online au ction fraud. In 2002, 46.1% of all internet fraud...If you pauperism to tug a full essay, order it on our website: OrderEssay.net

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