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Security Strategy

Top ten fraud list

It's a jungle out there...

By Joey Gardiner

Published: 1 January 2002 15:00 GMT

1. Online Auctions - items that were misrepresented or never received after being sold to the highest bidder in a virtual auction

2. General Merchandise - anything sold on a website (not an auction, and not computer software or hardware) that was misrepresented or never received

3. Nigerian Money Offers - "aid" requests from someone claiming to need help to transfer a fortune from Africa

4. Computer Equipment/Software - equipment (not sold on an auction) that was either never received or misrepresented

5. Internet Access Services - charges from Internet Service Providers (ISPs) that were never ordered and/or received

6. Information/Adult Services - charges to credit cards or phone bills for services never provided or misrepresented as free

7. Work at Home Schemes - kits sold with false promises of profits

8. Advance Fee Loans - empty promises of loans requiring payment of application and other fees in advance

9. Credit Card Offers - phoney promises of credit cards requiring upfront payment of application and other fees

10. Business Opportunities/Franchises - exaggerated claims of potential profits through investments in pre-packaged businesses or franchises

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure

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