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THE INTERNET OFFERS a global marketplace for consumers and businesses. Internet fraud refers generally to any type of scheme that uses one or more components of the internet—such as chat rooms, e-mail, message boards, or websites—to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to financial institutions or to others connected with the scheme. Opportunists have begun to recognize the potentials of cyberspace.

The same scams that have been conducted by mail and phone can now be found on the World Wide Web and via e-mail. Many times, it is hard to tell the difference between reputable online sellers and criminals who use the internet to rob people. With the explosive growth of the internet, and e-commerce ...

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