The US Federal Trade Commission (FTC) has warned 31 advertisers pushing get-rich coupons that they may be breaking the law by making unsupported or exaggerated claims.
These sites advertise business opportunities in coupon booklets, claiming that participants could win many hundreds of dollars simply by selling the coupons. The FTC found that most coupons offer little or no return when sold, and it warns that the only legitimate way to use a coupon is to cut it out and claim a discount for purchasing the designated product.
Meanwhile online service provider America Online (AOL) says that subscribers can do far more than the Internet operators to protect themselves from online fraud. It warns that keeping passwords and billing information private is as important as never releasing a cashcard PIN. Many of its subscribers were duped into providing billing information recently, and it says that only its rigorous mechanisms prevented large scale fraud.
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