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jokach
June 30th, 2006, 08:10 AM
Operation Global Con has recently arrested 565 suspects who scammed more than 2.8 million people over the internet .... in addition to the article posted below, the US Newswire has released the transcripts of the Attorney Generals press conference, located in a link further down in this post ...

Reposted from:
http://www.news24.com/News24/World/News/0,,2-10-1462_1938313,00.html


Crackdown on internet scams

Washington - About 565 suspects were arrested in Europe and in North and South America in a crackdown on internet fraud dubbed "Operation Global Con," US officials announced on Tuesday.

More than 2.8 million people, mainly elderly US citizens, fell victim to the scams, suffering losses totalling more than $1bn, the Justice Department said in a statement.

The operation, which began in March, targets mass-marketing scams such as bogus lottery, prize and sweepstakes offerings; offers of nonexistent investments; fake offers of "pre-approved" credit cards or credit-card protection; and tax fraud schemes.

In the United States 139 suspects were arrested, with an additional 426 arrests in Canada, Costa Rica, the Netherlands and Spain as well as the help of officials in Nigeria, Britain and New Zealand, the statement read.

"Mass-market fraudsters think they can use modern technology to operate from anywhere in the world with impunity," US Attorney General Alberto Gonzales said at a press conference.

"These criminals use telemarketing, the internet and mass mailings to cheat unsuspecting people," he said.


Here is the link to the actual Press Conference that discusses the specifics of how these suspects were scamming internet users. Its proof that internet users need to do their research on how they are investing their money online to avoid being one of these victims ...

http://releases.usnewswire.com/GetRelease.asp?id=66280


jokach

Believer
August 28th, 2006, 08:37 PM
No wonder my SPAM e-mail address I have set up is empty.

You just can't get away with anything anymore, now can you? I suppose with their efforts of putting the scam artist behind bars, the hyip fourms will only consist of legitimate opportunities very shortly. I'll be watching for one to open even if I have to open it myself.

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You can lead a horse to water, but if he drowns, you can't ride him home.
Clayton