Synopsis Authorities every where are increasingly concerned about the vast extent and variety of crime in the Internet space, also known as cyberworld. Cyber crimes have been the reason behind numerous tasks forces setup by several countries to seek ways and means of curbing cybercrime, if not eliminating it altogether. Interpol has already set up a separate cell to deal with cyber crime. The government of India too is alive to the issue and TRAI is looking at hard solutions. The present publication presents a comprehensive view of finance and economic frauds on the Internet and examines the ways and means open to governments and state authorities to counter the menace. This is a publication that will be most useful for internet users policy-making authorities and law-enforcement agencies.