Tuesday, December 12, 2006

U.S. Busts $5 Million Dollar Fraud Ring

Twenty one people have been charged by the federal government of operating an internet fraud ring that bilked internet auction users over $5 million dollars . It is believed that at least some of those responsible are in Romania. The scams apparently worked through second chance offers made to unsuccessful bidders requesting they wire money to obtain the goods. Items were then, of course, never delivered.

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