Fred Editor’s note: This article is regarding online fraud. I liked this article because on-line fraud and fraud in general are getting out of control. This article gives current statistics of internet fraud. Anyone with an interest in the internet might benefit from this article.

Merchant losses from online payment fraud amounted to $2.6 billion in 2004. While that is only 1.8% of total sales, the threat of online crime has consumers frightened—and some are taking their business elsewhere....   more »