What is Dot-Con?

Dot-con is a term for fraud that happens in an Online or virtual surroundings. It may be used for lots exclusive sorts of fraud and is a play on "dot-com," a term that is regularly used to consult whatever related to the Internet.

What Does Dot-Con Mean?

Journalists and others have used the term dot-con whilst relating to mass phenomena, including market trading mishaps, inFormation robbery or credit card fraud. The time period has also been used to refer to the now notorious tech bubble of the budding twenty first century international market. In this Instance, dot-con refers to huge numbers of investors that lost money in tech-related trading and the sudden re-assessment of tech organizations.

Other references to dot-con can be unique Character times, wherein a consumer, investor or institution of people are conned. Some of these are related to the faceless issue of e-trade, where scammers can effortlessly bilk Clients and set up fraudulent Transactions. These types of fraud Range widely, from phishing attempts to the sale of bad Exceptional goods or solicitation of cash for goods and offerings which are never furnished.