Sat, Feb 28, 2004 - Page 10 News List

Suspect Web sites to be watched for fraud

By Amber Chung  /  STAFF REPORTER

The Cabinet's Fair Trade Commiss-ion said it was monitoring a number of Web sites it suspects of misleading the public with promises of easy money.

The commission said it would continue monitoring the 36 sites as part of the "International Internet Sweep" movement initiated by International Consumer Protection and Enforcement Network (ICPEN) from Feb. 10 to Feb. 12.

The commission said no illegal activity had been discovered so far.

The ICPEN is an international organization consisting of the fair-trade regulators of more than two dozen countries. Most of the organization's members belong to the Organization for Economic Cooperation and Development.

The annual campaign focuses on Web sites promising opportunities of making a quick fortune, such as lottery scams, pyramid schemes and educational offers.

The commission said it suspected the Web sites -- which had placed advertisements such as "work at home" or "multilevel marketing" -- of being involved in Internet fraud. It said the sites lacked information such as business scope and company address.

The commission urged consumers to beware of Web sites promising high income for zero risk. It said these sites often register abroad to sidestep domestic regulations.

The Ministry of the Interior, Ministry of Justice and Consumer Protection Commission took part in the cross-border campaign.

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