Shanghai will strengthen efforts on Internet frauds, following the
action of the US Trade Commission, according to the Shanghai
Administration of Industry and Commerce.
Many netizens were lured by the emails saying that they can make
big money when surfing the Internet, but actually, most of them
were traps.
The US Federal Trade Commission adopted certain actions to ban the
wide spread of the emails on how to get rich quickly and all the
other countries enforced strict measures to crack down on such
Internet frauds.
Shanghai is to adopt high-tech measures to deal with the illegals.
Beginning March last year, Shanghai checked 1,300 websites with
online trading business, indicating that 30 percent websites
substandard.
Internet frauds such as the online pyramid sales were the biggest
problems. They usually promised big profits for netizens and lured
them pooling money into certain accounts.
The complaints for online consumption tripled last year, according
to the Shanghai Consumer's Association.
The Shanghai Administration of Industry and Commerce has set up a
professional team as the Internet supervisors and they would
inspect the online trading businesses.
The companies that do online business should show their web-version
of business licenses, according to the administration.
(eastday.com February 22,
2002)