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The SEC and Fake Investment Sites

An anonymous reader sent in: "Our web-based challenge for the day: find the SEC's fake investment sites! The SEC claims to have seeded the web with fake investment sites in order to teach naive web users and investors about the dangers of believing all you read and investing without research. These sites have telltale signs of online investment fraud, and if people manage to overlook or ignore those issues and attempt to invest money, informs them that they have made an unwise decision. The SEC says that these sites are intended to encourage wise investing decisions, or in more casual terms, to attempt to slap fools upside the head with a cluestick before they lose their money in a real scam. It's an interesting use of the web by a government-related agency."

3 of 453 comments (clear)

  1. Exactly how important or difficult is it to fake? by bliss · · Score: 0, Flamebait

    And could someone please tell me why it's important for a computer geek (who most likely) dosn't really care about financial matters?

    --
    The death of one man is a tragedy; the death of a million is a statistic --Joseph Stalin
  2. Re:Who pays for these websites? by mrroot · · Score: 2, Flamebait

    Ignoramus,
    If you are implying that I define taxes as "Money I pay to my government that I'd better be paid back in full for" you are wrong.

    Here is how I see it:

    "Money that I pay to the government that should be used in a responsible and helpful way... not wasted."

    I can think of many better ways to help the less fortunate than building websites to try to trick people. Besides, the neediest people in our contry don't even have internet access, and don't have enough money to consider investing in some bogus company.

    --
    I Heart Sorting Networks
  3. Re: different story by CMiYC · · Score: 0, Flamebait

    Erm. I dunno,I think you're walking on the edge of a bomb with that one. I'm for the camp that I don't give a fuck if that's entrapment. If you're willing to submit child porn to anyone (thus proving you're sick enough to have it) you deserve whatever happens to you. But that's just my opinion. If this is entrapment then I, for one, don't care in this case. Entrap every single one of them. Then cut their nuts off.