By Julian Goldsmith, 29 January 2002 10:40
NEWS A fake investment website created by the Securities and Exchange Commission attracted 120,000 hits from unwary surfers over the weekend. A press release announcing the creation of McWortle Enterprises was released on the net last Friday. Visitors to the site could view a series of financial reports and analysts' endorsement of the company. The site was intended to make imprudent investors aware that such scams exist on the web and according to the Financial Times the SEC intends to release other fake sites in the future.
In order to post a comment you need to be registered and logged in.
Log in or create your silicon.com account below