Identity theft headed the top ten US consumer fraud complaints of 2001, according to the Federal Trade Commission. Identity theft accounted for 42% of the 204,000 complaints entered into the FTC's database last year.
The full list is as follows:
Identity theft (42%)
Internet auctions (10%)
Internet services and computer complaints (7%)
Shop-at-home and catalogue offers (6%)
Advance fee loans and credit protection (5%)
Prizes/sweepstakes/gifts (4%)
Business opportunities and work at home plans (4%)
Foreign money offers (4%)
Magazines and buyers' clubs (3%)
Telephone pay-per-call/ information services (2%)
The FTC operates an identity-theft hotline which receives around 1,700 calls each week, mostly in connection with theft of credit card information. A study last year suggested that internet auctions posed a bigger risk of fraud.
People are becoming increasingly aware of the risks of unauthorised use of their name, image or likeness online and the importance of being able to manage such use, especially in relation to social media and artificial intelligence (AI).
Real estate investors are seeking to diversify returns from their property portfolio by operating them. Returns can be boosted where returns are directly linked to the revenues and profits of well-run businesses conducted on or from the premises. This operational real estate model may be an attractive alternative to traditional lease arrangements for some real estate businesses.
While it is often assumed that human rights are reserved for human beings, companies are legal persons having rights in law and do enjoy the protections afforded by human rights legislation.
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