Cyberfraud refers to any type of deliberate deception for unfair or unlawful gain that occurs online. The most common form is online credit card theft. Other common forms of monetary cyberfraud include nondelivery of paid products purchased through online auctions and nondelivery of merchandise or software bought online.
Here's an example a 20-year-old Facebook user posted: "I eyed this girl on campus for months before I finally got the nerve to talk to her. I created an excuse to ask her a question and then started chatting her up. I must have given off the vibe that I was interested because right away, she dropped the bomb that she had a boyfriend. Bummed but not discouraged, I got my computer-savvy friend to hack into her boyfriend's Facebook account and change his relationship status to 'single.' The girl must have freaked out because the next thing I heard, they'd gotten into a huge fight and broken things off. A few days later, I asked her about her boyfriend, totally playing it off like I had no idea they were through. When she told me what had happened, I offered to take her out for coffee to get her mind off the breakup. My plan worked, because after our little date, she came back to my dorm room and we hooked up." The moral: DBEYR.
NetLingo Classification: Online Business