Top 10 Internet Scams

Bogus online auctions were the most common type of online frauds last year, according to America’s National Consumers’ League.

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By  Neil Denslow Published  May 23, 2002

Bogus online auctions were the most common type of online frauds last year, according to America’s National Consumers’ League (NCL).

The NCL has released a top 10 of most common Internet frauds in order to warn users of the perils of Web scams.

"Consumers should be very suspicious of anyone who promises them easy money, incredibly cheap prices, or 'free' services that may have hidden costs," Susan Grant, director of the NCL's Internet Fraud Watch programme, told BBC News Online.

The famous 'Nigerian money offer' was the fastest growing scam, with reports rising by 900% compared to 2000. Often emanating from Nigeria or other African countries, the scam involves asking for someone’s bank details supposedly in order for them to receiving a large sum of money for safekeeping.

NCL’s top 10 Internet frauds were:

Online auctions
General merchandise sales
Nigerian money offers
Computer equipment/software
Internet access services
Information adult services
Work-at-home
Advance fee loans
Credit card offers
Business opportunities/franchises

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