Mining for gold on the Internet

Volume 8, Number 6 • June 2000

Mining for gold on the Internet
by Mary Ellen Bates

PREMIER(E) BOOKS column presents an excerpt from the book "Mining for Gold on the Internet" ($24) by Mary Ellen Bates, published in 2000 by McGraw-Hill of New York, NY. Says that Chapter 15: Scams and Frauds describes Web-based sources to help detect and report investment scams, and covers the more subtle forms such as insider promoting of company stock and pyramid schemes on the Net. Recommends the Federal Trade Commission Web site to "Test Your Investment I.Q." Provides questions the Securities and Exchange Commission (SEC) asks about any investment opportunity. Compares pyramid schemes and multilevel market (MLM) plans. Remarks that the U.S. Securities and Exchange Commission offers material geared to individual investors. Mentions the North American Securities Administrators Association and the Better Business Bureau as resources. Includes seven screen displays and one table.