Feds & States internet auction fraud
The Federal Trade Commission Attorneys General and 29 countries have an approach of the harsh repression of the authorities to the Internet-auction protect fraudsters have bilked thousands of consumers of their money and goods.
The difficult process has resulted so far only 57 criminal and civil implementation actions. EBay fraud is the one and the biggest category of complaints in regard to the Internet, the FTC Consumer Sentinel database, which included more than 51000 complaints at auction in 2002.
“The best way to fight against fraud at Internet auctions, it is a team approach to enforcement authorities,” said Howard Beales, director of the Federal Trade Commission’s Bureau of Consumer Protection. “We are working with partners virtually coast to coast to stop fraudsters in the virtual world. These types of law enforcement cooperation will help to ensure that the online auction, fraud will go away from the screen . “
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