$437 mln lost to online scams

Online scammers robbed Americans of more than $437 million in 2003, mostly using stolen identities, fake Internet auctions and fraudulent shop-at-home schemes, the Federal Trade Commission (FTC) reported Thursday.

Online scammers robbed Americans of more than $437 million in 2003, mostly using stolen identities, fake Internet auctions and fraudulent shop-at-home schemes, the Federal Trade Commission (FTC) reported Thursday.