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Scams and Frauds
Here are some of the latest Scams, Frauds, and Consumer Abuse items in the news.

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Online Auction Fraud Complaints Still Rising

The National Consumers League (NCL) released its annual list of Internet Fraud complaints to its Internet Fraud Watch (IFW) program. Reports of Internet fraud continue to rise last year, from 36,802 in 2002 to 37,183 in 2003, and once again online auctions topped the list. The total monetary loss reported to the IFW jumped from $14,647,937 in 2002 to $17,109,441 in 2003, with the average consumer loss rising from $468 to $527. Read more...

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