Savvy Consumer Information Center - Scams and Frauds
Savvy Consumer Information Center - Scams and
Frauds
Scams and
Frauds
Here are some of the
latest Scams, Frauds, and Consumer Abuse items in the news.
Cars - Computers -
Education -
Employment - Family - Federal Programs - Food
Health - Housing - Money - Small Business - Travel - And
more...
Online Auctions Dominant Consumer Fraud -
Consumers made a record number of complaints about online scams to the National Consumers League’s Internet
Fraud Watch last year, with complaints about online auctions rising dramatically. The amount of money lost topped $14
million, with more than $13 million in losses in the online auction category alone. The IFW received 36,802 complaints in
2002, more than double the 15,864 filed in 2001. Online auctions ranked #1 at 90 percent of the complaints, compared
to 70 percent in 2001. The other complaints in the top five were: general merchandise sales (5 percent); Nigerian money
offers (4 percent); computer equipment and software (.5 percent); and Internet access services (.4 percent).
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