How to protect yourself from online fraud
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- PatriciaBond
- added this
In the beginning of the year 2010 American government reported about catching 17-year old fraud who managed to steal $1 million. Cole Bartimoro from California posted on his website and several forums message in which he promised potential investors income up to 2500% from short-term investments. During one month he managed to receive money to his banking account in a Costa Rica bank. Thousands of people used various online payment systems including PayPal.
As soon as scammed investors found out a fraud, they brought a complaint to federal organs that found the banking account and businesslike teenager. The only thing that helped Cole to avoid imprisonment was his minority. Besides, he returned all the money he received. While Thomas Hauser will have to spend 12 years in prison for making fictitious sales on eBay and Yahoo! His 268 virtual deals resulted in more than $100,000.
There are special methods of fraud protection, that every customer who uses Internet should know in order to avoid scam. You can read about them here: http://goarticles.com/article/How-to-report-fraud/5133574/
As soon as scammed investors found out a fraud, they brought a complaint to federal organs that found the banking account and businesslike teenager. The only thing that helped Cole to avoid imprisonment was his minority. Besides, he returned all the money he received. While Thomas Hauser will have to spend 12 years in prison for making fictitious sales on eBay and Yahoo! His 268 virtual deals resulted in more than $100,000.
There are special methods of fraud protection, that every customer who uses Internet should know in order to avoid scam. You can read about them here: http://goarticles.com/article/How-to-report-fraud/5133574/
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- groups:
- Community
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- tags:
- Fraud, Scam, online fraud, Fraud Protection
