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Internet fraud is a type of cybercrime fraud or deception which makes use of the Internet and could involve hiding of information or providing incorrect information for the purpose of tricking victims out of money, property, and inheritance. [1] Internet fraud is not considered a single, distinctive crime but covers a range of illegal and ...
The Cybercrime Prevention Act of 2012, officially recorded as Republic Act No. 10175, is a law in the Philippines that was approved on September 12, 2012. It aims to address legal issues concerning online interactions and the Internet in the Philippines. Among the cybercrime offenses included in the bill are cybersquatting, cybersex, child ...
The Magna Carta for Philippine Internet Freedom (abbreviated as MCPIF, or #MCPIF for online usage) is an internet law bill filed in the Congress of the Philippines.The bill contains provisions promoting civil and political rights and Constitutional guarantees for Philippine internet users, such as freedom of expression, as well as provisions on information and communications technology (ICT ...
Click farm. A click farm is a form of click fraud where a large group of low-paid workers are hired to click on links or buttons for the click fraudster (click farm master or click farmer). The workers click the links, surf the target website for a period of time, and possibly sign up for newsletters prior to clicking another link.
Telexfree was a multibillion-dollar Ponzi scheme desguised as an internet phone service company. Prosecutors have described it as the largest fraud of all time in terms of the number of people affected—more than 1 million, with victims in various countries. In late 2014 OneCoin was launched.
Aman Futures was reported as a pyramid scheme in 2012 by the National Bureau of Investigation of the Philippines that duped some 15,000 people in Mindanao and the Visayas of P 12 billion (US$295,000,000 est.). [4] Authorities from the Philippines have set a manhunt for Manuel K. Amalilio, the founder of the company who left the Philippines for ...
Internet fraud prevention is the act of stopping various types of internet fraud.Due to the many different ways of committing fraud over the Internet, such as stolen credit cards, identity theft, phishing, and chargebacks, users of the Internet, including online merchants, financial institutions and consumers who make online purchases, must make sure to avoid or minimize the risk of falling ...
Computer fraud is the use of computers, the Internet, Internet devices, and Internet services to defraud people or organizations of resources. In the United States, computer fraud is specifically proscribed by the Computer Fraud and Abuse Act (CFAA), which criminalizes computer-related acts under federal jurisdiction and directly combats the ...