Article: Internet fraud on the rise: spike in Internet crime complaints concerns U.S. law enforcement.(Economics)

As more of our lives are conducted online, including our financial lives, the risk of falling prey to online crime also grows. In 2008, a record-setting 275,284 complaints were filed, according to the latest report of the FBI Internet Crime Complaint Center.

Crimes, both fraudulent and non-fraudulent, increased by more than 32% in the United States between 2004 and 2008, and the amount of money reported lost annually skyrocketed from $68 million to $265 million.

Fraud complaints include auction fraud, credit and debit card frauds, and nondelivery of goods or services. Nonfraud complaints include computer intrusions (hacking/cracking), spam, and child ...

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