An international strike force has seized 706 counterfeit-peddling sites in the fourth annual Cyber Monday crackdown, dubbed Project Cyber Monday IV. Meanwhile, authorities are seizing goods such as cheesy sneakers and are targeting $175,000 held in PayPal accounts by the sites.
At this time of year, as we search for Cyber Monday bargains and prepare for Christmas, it is rather tempting to enjoy the comfort of shopping from our own homes and not have to battle the seasonal queues. But shopping on the web is not always a perfect experience as many consumers discover to their cost.
Agents in the US and Europe celebrated the Cyber Monday online shopping blitz by seizing 132 domain names and shutting down dozens of sites that were allegedly selling counterfeit or falsely labeled goods to unsuspecting buyers.