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ID number:857125
 
Evaluation:
Published: 01.11.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Cyber crime is "bleeding millions of dollars" from the United States economy. Internet Fraud is "any type of fraud scheme that uses one or more components of the Internet (chat rooms, e-mail, message boards, or Web sites) to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to financial institutions or to other connected with the scheme." Thieves are realizing the potential of the internet and use it to take advantage of users and businesses. Internet fraud is rapidly growing in around the world. The government…

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