What is internet fraud?
Internet fraud refers broadly to frauds that happen through the use of internet services, whether dealing with an internet service provider, online shop, website, internet dating site, or social network.
Thousands of consumers are victimized by internet fraud every year. Scam artists and companies can use the internet to take advantage of consumers, conducting fraudulent transactions, making misleading claims and solicitations, breaching consumers’ internet privacy.
We represent consumers in a wide range of cases involving internet fraud, including:
- Unauthorized charges
- Investment fraud
- Telecom fraud
- Unordered merchandise
In many cases, internet fraud begins with issues relating to web-users’ privacy, such as submitting credit card information over the internet and then finding unauthorized charges on your bill.
Internet Fraud a Serious Problem
According to Javelin Research’s 2018 Identity Fraud report, the amount stolen through internet fraud and identity theft schemes was $16.8 billion. The Federal Trade Commission (FTC) received 2.7 million reports in 2017 of internet fraud and identity theft. According to Insurance Information Institute:
Within the fraud category, imposter scams were the most reported and ranked first among the top 10 fraud categories identified by the FTC.