With these brief facts of Internet scandals, one would believe that the Internet is a horrible thing for the stock market to take on. Money alone can change people and to tempt people with the opportunity to steal is almost like putting cheese on a mousetrap and not expecting the mouse to bite at it. The stock markets have a history of corruption, scandals, and deceit. This is basically driven by one factor: Making MORE MONEY!!! Now the average Joe who tries to start his own investment on the internet, whether it is a 401k, an IRA, a Roth IRA, or a mutual fund, does not want to pay maintenance fees or broker fees or anything else for the matte

r. The average investor thinks the same basic principle: How do I make my money work for me the best? They normally get the same privileges that all brokers have right? Wrong. This is where some scandals take place.

There have been websites published on the web that were fake investment firms. Unfortunately, the average Joe had no clue. Mainly these web sites would advertise things like no maintenance fees, or initiation fees for portfolio designs. However, these companies would make money over a few days or weeks and then vanish. This left several innocent people with a loss and a disgusted feeling of Internet investing. Now as much as the government is doing to prevent these types of scams, they can’t. The Internet Fraud Complaint Center is only accumulating complaints about fraud after they have been committed. This makes the Internet Fraud Complaint Center too late to catch the criminals for their crimes. The only good thing about this site is that it allows the Government to understand how these perpetrators are committing their crimes. So with this knowledge programs are being designed to make safe and secure transactions. For example when stocks are traded now the information is now traded on a web page that is 256 bit encrypted. This is the new regulation issued by the SEC.

There are many other scams out there and criminals will always find new

Some topics in this essay:
Wall Street, , Government Internet, Complaint Center, Roth IRA, Internet Thieves, Cyber Mafia, America Investors, Noreen Harrington, stock market, Internet Fraud, fraud complaint center, complaint center, mutual fund, investment companies, cyber police, types scams, internet fraud, average joe, maintenance fees, fraud complaint, internet fraud complaint,