Feeds

Who you gonna call? Scambusters!

Office of Fair Trading gets on the get rich quick case

  • alert
  • submit to reddit

Build a business case: developing custom apps

The Office of Fair Trading has issued e-mail alerts to 100 potentially misleading Web sites offering "get rich quick scams", warning them that they could face prosecution. The scambusting clampdown was part of a co-ordinated sweep of the Net conducted by authorities in 27 countries and led by the US Federal Trade Commission. In all, consumer organisations around the globe identified 1600 sites during operation GetRichQuick.Con. Officials trawled the Net for three hours searching for bogus homeworking schemes, business and investment opportunities, lotteries, pyramid and multi-level marketing plans, money-making clubs and chain letters. John Bridgeman, DG of Fair Trading, said: "People should be wary of claims that large amounts of money can be earned for little or no effort in an extremely short timescale." "If something sounds too good to be true, then it probably is," he said. Officials will re-visit all 1600 sites in a month to see whether any improvements have been made. If not, consumer organisations will consider launching investigations, which could lead to prosecutions. This is the third time the OFT has taken part in a sweep of the Net looking for "dubious" sites. Last time, it looked at health sites offering misleading claims and miracle cures. It wouldn't say when it would target IT news sites... ahem. ®

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.