April 16, 2008
In the Internet world, everything seems to happen very quickly including business decisions, information-searching and personal interactions. Things unfold even faster as there are almost no limitations as to transaction time as compared to the fixed business hours of a typical brick-and-mortar establishment. It is inevitable that people who engage in fraud will see this opportunity and operate in Internet time as well. This means being able to send messages worldwide simultaneously in seconds and posting web site information that is readily accessible from anywhere in the world.
The Internet advantage has made it possible to carry out fraudulent schemes a lot faster than what was possible in the past. Fraud schemes that use one or more components of the Internet such as chat-rooms, e-mails, message boards and websites have victimized not a few Internet users, thus the need for more awareness and common sense in online transactions.
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