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Romance Scam Research Center

2001: UK: New crimes, new tools--old crimes, new tools

Haines, Jason D.  Journal of Financial Crime; London Vol. 9, Iss. 1, (Sep 2001): 6-7.


Abstract: "During the past 2 years, the international press has been bringing its readers' attention to a new crime phenomenon - Internet fraud or computer crime. This media attention has indeed forced governments, law enforcement agencies and regulators to re-evaluate their assessment of the need for stringent control of fraud in the financial markets. In terms of government responses and regulatory initiatives, a difficult balance needs to be struck between regulating electronic markets, to protect the e-consumer, but not to the extent that commercial growth is stunted."

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