3rd February 2001 Archive

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• Online auctions top Net fraud complaints list

  $326 average sting

  Online auctions were the top Net fraud complaint last year, accounting for 78 per cent of gripes, a survey claims. Almost a third of all adult US netizens, or around 35.6 million surfers, used auction sites last year. And the average loss to those stung by fraudsters was $326, according to a report by consumer body The National …

  Music and Media 3 Feb 2001, 10:53