Friday, April 30, 2010

Internet Investment Scheme


Have you ever heard about a Vancouver man ( Canada) he pleaded guilty to internet fraud in 2008?
This is an interesting story about a man who sent an advertising and information to web about investment program it 's an internet investment scheme.More than 9,756 people sent to invest went to buy electronics,furniture,jewelery and even home and cars and he earned almost $684,388 .
Edwin T.Garcia 41 was sentenced to 2 1/4 years in prison and also ordered to pay $124,446 in restitution to the victims.
He also had two co-defendants that the two ordered to pay the same in restitution and they were sentenced one to 3 1/2years in prison and the other 3 years on probation and 6 month of home detention.

Friday, April 23, 2010

The New Design of 100 Dollar Bill


I 've heard that 100 dollar bill is going to have a new design soon.It is an important point in digital space.. The US Department of Treasury decided to do this to keep it more secured of digital fraud by using advanced technology.It is set to be issued on February 2011.

Here is some of the new points as the security purposes :

1.Blue 3D security ribbon on the front of the 100 $
2.The bell is the Inkwell on the front
3.The bell change color from copper to green when the 100 $ tilted.
4.The portrait watermark of Benjamin Franklin.

Here is a screenshot of new the 100$ also i add the link of "YouTube" showing you this new image in detail.. http://www.youtube.com/watch?v=JwEBIC0a4RY&feature=player_embedded#!

Thursday, April 22, 2010

Countries and Internet Fraud



I was looking for a news about Internet Fraud and i 've faced some interesting data in http://www.ocalasmostwanted.com/online_fraud_stats.htm.
This shows us that Internet Fraud is exactly based on countries and the condition even people 's life style..There are some of the most important statics of Internet Fraud in different countries :


The number of frauds vary by country.Below is a breakdown of the countries from where the most fraud originates as well as the least.



Most of the victims of this scam pay throught account debits and wire services





Introduction : Internet Fraud's Definition















Before uploading any news related to "Internet Fraud" I prefer to explain what 's the definition of this subject.There is a simple,obvious and brief meaning of Internet Fraud in "Wikipedia" :

The term "Internet fraud" generally refers to any type of fraud scheme that uses one or more online services 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. Internet fraud can take place on computer programs such as chat rooms, e-mail, message boards, or Web sites.

I choose this subject cause i am able to talk about many different cases due to Internet Fraud 's expandability.