
03-26-05, 11:06 AM
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Top Ten Scams - Internet Fraud Statistics | | 2004 Category % of Complaints Average Loss Auctions 51% $765
General Merchandise 20% $846
Nigerian Money Order 8% $2,649
Phishing 5% $182
Information/Adult Services 3% $241 Fake Checks 3% $5,201
Lotteries/Lottery Club 3% $2,225
Computer Equipment/Soft. 1% $1,401
Fake Escrow Services 1% $2,585
Internet Access Services 1% $1,187 Note: Fake Checks or wire Transfers rank the highest in loss Auctions * 42% $1,155 Compliant: Goods never delivered or misrepresented General Merchandise 30% $2,528 Complaint:Sales not through auctions, goods never delivered or misrepresented Nigerian Money Offers 8% $6,937 Complaint: False promises of riches if consumers pay to transfer money to their bank accounts Fake Checks 6% $4,361 Complaint: Consumers paid with phony checks for work or items sold, instructed to wire money back Lotteries/Lottery Clubs 4% $2,919 Complaint: Requests for payment to claim lottery winnings or get help to win, often foreign lotteries Phishing 2% $612 Complaint: Emails pretending to be from well-known source asking to confirm personal information Advance Fee Loans 1% $1,426 Complaint: False promises of personal or business loans, even if credit is bad, for a fee paid upfront Information/Adult Services 1% $504 Complaint: Cost and terms of services not disclosed or misrepresented Work-at-Home Plans 1% $1,785 Complaint: Kits sold on false promises of big profits from working at home Internet Access Services 1% $1,262 Complaint: Cost of Internet access and other services misrepresented or services never provided
Last edited by Scrub; 10-26-08 at 12:32 PM.
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