Precise Definition of the General Term

I have found the exact definition used by Wikipedia which explains the term more precisely.

The term "Internet fraud" generally refers to any type of fraud scheme that uses one or more online services to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to financial institutions or to others connected with the scheme. Internet fraud can take place on computer programs such as chat rooms, e-mail, message boards, or Web sites.

I hope this helps pin point the understanding of the term and make it more clearer.

Internet Fraud Definition: Phishing Acts and Examples of misusage

I have found a very informative documentary on ways hackers and internet mis-users use the internet to preform their illegal activities. It is titled " Internet Fraud". As you can tell the documentary producers were not very creative with the title. However were very informative with the video post. I have decided to upload it to the blog to further enhance the knowledge around what this term means and revolves around.


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