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Internet Hoaxes and Fraud

he NCL launch many programs to help educate the consumer the first program was the Elder Fraud Project, which started in 1996 with the help of a major grant from American Express. The latest project is the Be E-Wise campaign. This program will help consumers learn to shop safe over the Internet. The NCL has given three recommendations that will help with the second step, which is enforcement. The first of which states that the government needs to consider whether new laws or regulations should be put in place to provide a set of guidelines from marketers. Also they say that these regulations should enforce more effective penalties against violators of the law. Secondly, they suggest that the government provide a permanent funding for training investigator and prosecutors. Thirdly, the government should make a long-term commitment of financial support to the nonprofit organizations that investigate incidents of fraud for law enforcement. The third and last step in the report is industry policies. Again the NCL has provided us with recommendations. The first is that the federal government needs to encourage online business to provide a more secure means of billing for their products. Secondly, as new payment systems are installed the government needs to research whether or not the consumer are protected from fraudulent transactions. Thirdly, the government should encourage companies to review there current codes of conduct and determine whether or not new ones need to be added. The last recommendation is that the government needs to promote the development of an alternative dispute resolution system that would provide the consumer with a prompt, fair, and accessible assistance with complaints without them waiving their legal rights.As one can see the Internet has proven to be the new Wild West, were scam artist and pranksters roam looking for innocent victims to either torment with spam mail or to rob blind. Either way you lo...

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