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Internet Scams - Online Essay

Internet Scams

Introduction

Internet Shopping has become a popular medium for consumers around the world. The purpose of this abstract is to examine the prevailing problem of internet scams. We will begin by discussing why this topic is so important. We will then discuss statistics and results related to this topic. Let's begin by discussion the prevalence of internet scams that exist today.

Internet Scams

The Securities and Exchange Commission explains,

"The Internet allows individuals or companies to communicate with a large audience without spending a lot of time, effort, or money. Anyone can reach tens of thousands of people by building an Internet web site, posting a message on an ...

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of products at low prices. Auction scams occur when a buyer purchases a product and sends money to the seller and the product is never received or it is not in good condition when it is received. (Internet Auctions 2000)
Another Internet scam that the Federal Trade Commission warns against is Travel and vacation scams. It is common to find luxury trips promising five star accommodations at various websites. The scam occurs when customers get to their destination and find that the accommodations are of a lower quality than promised. (Travel and Vacation 2001) In some cases buyers are completely scammed and given bogus airplane tickets or sent to hotels that do not exist. (Travel and Vacation 2001)
The FTC also warns of scams involving healthcare services and products. The FTC explains that scam includes,

"Items not sold through traditional suppliers are "proven" to cure serious and even fatal health problems...Claims for "miracle" products and treatments convince ...

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Internet Scams. (2015, December 27). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Internet-Scams/105311

"Internet Scams." Essayworld.com. Essayworld.com, 27 Dec. 2015. Web. 23 Nov. 2024. <http://www.essayworld.com/essays/Internet-Scams/105311>

"Internet Scams." Essayworld.com. December 27, 2015. Accessed November 23, 2024. http://www.essayworld.com/essays/Internet-Scams/105311.

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PAPER DETAILS

Added: 12/27/2015 05:16:26 AM
Category: Technology
Type: Premium Paper
Words: 954
Pages: 4

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