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EcommerceBytes-NewsFlash, Number 63 - April 16, 2001 - ISSN 1539-5065    5 of 5

FTC Reports on Fraud Online

By Ina Steiner
April 17, 2001

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The FTC told the Senate Finance Committee that "the growth of the Internet promises enormous benefits to consumers and the economy, but that "there is a real danger. . .that these benefits may not be fully realized if consumers identify the Internet with fraud operators." Meanwhile, CNET reported that auction fraud figures are down: http://news.cnet.com/news/0-1007-200-5631683.html

About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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