Internet Fraud (16/30)


The present-day internet that we know of was initially developed in the early 1970s. However, it was not available to ordinary people until 1983. Since then, people have been using the internet to gain knowledge and socialize with other individuals.

Unfortunately, it is also used to scam other people. In 2017, the FBI got more than 300,000 complaints regarding internet scams. FBI further mentions that the victims have lost over US$ 1.4 billion to online fraud.

It is pitiful that the internet is one of the most prominent media for these scams. The FBI was receiving more than 300,000 complaints on internet fraud solely in 2017, and they further stated that those victims lost more than US$ 1.4 billion in online scams.

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