FTC: Internet fraud soaring.
Overall identity theft remained the top form of consumer fraud, but
Internet related events are quickly climbing the list of top consumer
complaints, according to a fourth annual report released Thursday by the
Federal Trade Commission. Identity theft accounted for 42 percent of
complaints lodged in the FTC's Consume Sentinel database. Internet
auctions accounted for 15 percent of the complaints, while Internet
services and computer complaints had a 6 percent share. (Mediapost
1/23/04)
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