Internet Business Newsletter

Internet Frauds. (Market Intelligence).(Statistical Data Included)

Last year, according to a report from the Internet Fraud Complaint Center, 49,711 complaints of all kinds were made through the organization's web site. About one third of those resulted in a fraud referral to law enforcement or regulatory agencies across the nation.

Nearly 43 percent of fraud complaints related to online auctions; 20 percent involved failure to deliver goods or to pay as promised in non-auction sales. Almost one in every six complaints involved …

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