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On Line Schemes - Online Term Papers

On Line Schemes

Cyberspace was once a place inhabited largely by government agencies and academics linked together through a decentralized collection of computer networks that came to be known as the "Internet." The late 1980s and early 1990s gave birth to a torrent of commercial entrants into cyberspace, with the way led by Compuserve and then Prodigy and America Online. By the end of this year, an estimated four million American households will be online with these commercial services, which are the three largest such enterprises in the U.S. Additionally, hundreds of smaller companies have emerged to provide bulletin board services and local access to the world of Internet.1
The number of Americans ...

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about the explosion of illicit investment schemes now flourishing on commercial bulletin board services and the informal web of computer networks that make up the Internet. An estimated four million U.S. households that already have access to the major online services are being exposed to hundreds of fraudulent and abusive investment schemes, including stock manipulations, pyramid scams and Ponzi schemes.5
The online frontiers are aware of some of the major rip-off techniques now in use. According to Fighting Computer Crime, the investment fraud problem could reach epidemic levels over the next few years as several million unsophisticated newcomers crowd onto the once lightly traveled information superhighway.6 On the other hand, cyberspace can also educate investors, helping them to become much better investors.
For those who have been online, know that most sites has been commercialized by bulletin boards and discussion groups devoted to investment tips, advice and ...

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On Line Schemes. (2004, December 5). Retrieved November 30, 2024, from http://www.essayworld.com/essays/On-Line-Schemes/18519

"On Line Schemes." Essayworld.com. Essayworld.com, 5 Dec. 2004. Web. 30 Nov. 2024. <http://www.essayworld.com/essays/On-Line-Schemes/18519>

"On Line Schemes." Essayworld.com. December 5, 2004. Accessed November 30, 2024. http://www.essayworld.com/essays/On-Line-Schemes/18519.

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PAPER DETAILS

Added: 12/5/2004 04:15:16 AM
Category: Miscellaneous
Type: Free Paper
Words: 999
Pages: 4

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