Date: Tue, 4 May 1999 08:38:02 +1000 (EST)
From: Pauline van Winsen <Pauline.van.Winsen@eserv.com.au>
Subject: Australian Securities & Investment Commission's April Foolery
The Australian Securities & Investment Commission created a hoax Web site:
http://www.smbi.com.au on April 1st this year. The site boasted that punters
would triple their money if they invested their money in Millennium Bug
Insurance. The site attracted $4 million worth of interest from people who
were fooled by the web site. Only a few alerted ASIC that the company didn't
seem legit. The site was designed to educate the public about the risks of
investing in Internet ventures.
Full Story at:
http://www.theaustralian.com.au/index.asp?URL=/national/4291177.htm
Pauline van Winsen, Senior Technical Consultant pauline@eserv.com.au
eServ Pty Ltd http://www.eserv.com.au/people/pauline.html
[Ah, yes, the adage seems to be,
"If it has to do with the Internet,
it must be worth investing in." PGN]