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BUSINESS BRIEFING / INTERNET

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Times Wire Reports

Reports of online crime jump 33%

Reports of Internet-based crime jumped 33% in 2008, according to a group that monitors Web-based fraud.

The Internet Crime Complaint Center said in its annual report that it received more than 275,000 complaints last year. The total reported dollar loss from such scams was $265 million, about $25 million more than the year before.

About 1 in 3 complaints was for nonpayment or nondelivery. The other most common complaints were for auction fraud or credit and debit card fraud.

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