Today, Senator Gordon Smith introduced the US SAFE WEB Act of 2005, which is a bill designed to provide the FTC with cross-border jurisdictional authority to pursue fraudsters and criminals in other countries. The bill allows for cooperation between the FTC and foreign agencies to work together to stop spammers, spyware purveyors and other fraudsters.
The US SAFE WEB Act is a step in the right direction to handling the problem of fraud, particularly those crimes associated with the Internet. By granting the FTC authority to work with other nations, the global community will become better equipped to fight cross-border fraud, as well as domestic fraud, through improved communication, collaboration and enforcement efforts among nations.