FTC: Internet Fraud Soaring

  • January 23, 2004
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.
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