BUSINESSWEEK ONLINE : APRIL 3, 2000 ISSUE
BUSINESS WEEK E.BIZ -- SPECIAL REPORT Bad Credit Online credit-card fraud is on the rise, hitting some of the big names in e-commerce. Experts say the sites that tend to get hit are the ones selling things that teenagers like: Sports apparel, music, electronic gear, and computers are among the favorites. Here's a sampling: EXPEDIA.COM On Mar. 1, the travel site disclosed that it may have to eat up to $6 million in orders made on bogus credit cards AMAZON.COM The online retail giant referred a case in December to the FBI in which a Russian citizen was suspected of using 63 stolen card numbers to buy electronics gear worth $70,000 NIKE.COM The sporting apparel company estimates that more than 10% of purchase requests it receives are attempts to defraud the company CASIO.COM When the electronic equipment maker started an e-commerce site last year, 13% of the purchases were fraudulent _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Fraud on the Net TABLE: The Top 10 Scams on the Net CHART: Cyber Fraud on the Rise Online Scambusters Card Sharps TABLE: Anatomy of an Internet Credit-Card Scam TABLE: Bad Credit INTERACT E-Mail to Business Week Online

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