E-fraud more than doubles.
Consumers filed 66.6% more complaints about online fraud in 2004 than in 2003 (207,449 vs. 124,509).
Source: The National White Collar Crime white collar crime n. a generic term for crimes involving commercial fraud, cheating consumers, swindles, insider trading on the stock market, embezzlement and other forms of dishonest business schemes. The term comes from the out of date assumption that business executives wear white shirts and ties. It also theoretically distinguishes these crimes and criminals from physical crimes, supposedly likely to be committed by "blue collar" workers. Center and the FBI, www.ifccfbi.gov, 2005.
COPYRIGHT 2005 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion