A prime example was the global 2008 Beijing Olympic Games ticket fraud run by US-registered Xclusive Leisure and Hospitality, sold through a professionally designed website, with the name "Beijing 2008 Ticketing".
The scammer may tell the victim their donation is deductible and provide all necessary proof of donation, but the information provided by the scammer is fictional, and if audited, the victim faces stiff penalties as a result of the fraud.
Internet fraud is a type of fraud which makes use of the Internet.
This type of fraud varies greatly and appears in many forms. Internet fraud can occur even if partly based on the use of internet services and is mostly or completely based on the use of the internet.
These phishing emails and web pages resemble legitimate credit authorities like Citibank, e Bay, or Pay Pal.
They frighten or entice you into visiting a phony web page and entering your ID and password.
As retailers and other businesses have growing concerns about what they can do about preventing the use of gift cards purchased with stolen credit card numbers, cybercriminals have more recently been focusing on taking advantage of fraudulent gift cards.