The Truth About

[janice shell]

Most startling is that complaints [received at the SEC] from Internet users are of a novel variety never encountered before. Hence, the genesis of the "Cybersleuth." The Cybersleuth reports more than just the fraudulent Web page or other potential Internet securities violation. Cybersleuths meticulously trace the headers of suspicious spams, relentlessly seeking to pierce any cloak of anonymity. Cybersleuths take time to provide painstaking details of potential violations, usually offering identifying information about themselves in case the SEC needs to contact them. Cybersleuths even list the potential securities violations of fraudsters by statute, rule and regulation, sometimes by precise citation. Cybersleuths receive no reward or bounty for their benevolence, just the satisfaction of helping to keep the Internet clean and safe for all investors, and their numbers continue to swell.

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