FBI: No Net user is immune to online fraud

The top complaint reported was online auction fraud, with nearly 66 per cent of complaints coming in that category. This was followed by non-delivered merchandise or payment at 22 per cent and credit or debit card fraud at nearly 5 per cent.

The figures come from the first report on Internet fraud released by the Internet Fraud Complaint Center (IFCC), a partnership between the US Federal Bureau of Investigation (FBI) and the National White Collar Crime Center. The report covers the six-month period from 8 May, 2000 to 8 November 2000.

These frauds led to over $US4.6 million in total losses, with the average loss being $US894. Despite such a high average amount, only 17 per cent of the losses were over $US1,000. The majority of losses totalled less than $US500. Investment fraud led to the biggest losses, while auction fraud, despite being the largest culprit percentage-wise, led to the lowest average losses.

The perpetrators of the fraud tend to be male, according to the report, and are overwhelmingly US residents (92 per cent) living in large states; most (17.3 per cent) live in California. The average victim of online fraud also lives in a large and populous state -- California, Texas, Florida or New York -- is male and between the ages of 30 and 50. The report notes however that women have also fallen prey to online fraud, and that the ages of victims range from 10 to 100.

Over 50 per cent of fraud victims are initially contacted by e-mail, with 38 per cent of contacts coming via a Web page, the report said. The leading methods of payment in fraud cases are money order and credit card.

The report includes data taken from over 20,000 complaints filed on the IFCC Web site. The report is based on the nearly 6,100 complaints referred to law enforcement by Nov. 8, with the majority of the complaints involving the Internet; not all IFCC complaints involve the Internet.

A copy of the IFCC report is available at http://www.ifccfbi.gov/strategy/6monthreport.pdf.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Sam Costello

PC World
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?