Assignment:
Visit the National Fraud Information Center at https://www.fraud.org. Use this site to research information on "Internet Fraud" and "Internet Fraud Statistics". Use Microsoft Word to create 1 to 2 page essay that answer to the following.
Question 1. Why do you think Internet fraud has resulted in many new business laws and regulations? Do you feel that there are differences in face-to-face business law, than there are in Internet business law? Why or why not? How would it affect a business in being aware of Internet fraud and the laws and regulations surrounding these business forms?
Question 2. Compare the statistics reported here from 1997 to the statistics from 2005. How do they compare? Discuss why you feel there is such a difference. How have the Internet scams changed over the years? Do you see a trend in any area of Internet fraud? What would you suggest to assist with these problems? How might business laws, which are already in place, play a role in controlling fraud on the Internet?