Feeds

Who you gonna call? Scambusters!

Office of Fair Trading gets on the get rich quick case

  • alert
  • submit to reddit

The Essential Guide to IT Transformation

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. ®

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
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
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
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
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
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.
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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.