Gov't Cracks Down on Internet Scammers

[MatrixWatch]

A really good article released by the Washington Post in May. This was one of the articles that inspired the inception of Matrix Watch. When you know the "federal winds" are blowing in the right direction, then it is good to set sail with them. We have since achieved the cooperation with government authorities in several states.

http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A60804-2003May15&notFound=true

[poorme]

The crimes included multimillion-dollar swindles, online auction scams, identity theft, business-opportunity frauds, and intellectual property theft and piracy

Ponzi scam is business-opportunity frauds?

[concerned]

poorme, you failed to see one line in that article. It is:

The FTC yesterday announced 45 civil and criminal actions against online scammers who allegedly offered fake credit card accounts, college loans and get-rich-quick schemes.

They are get-rich-quick schemes!