FTC tells global Internet body to cut back domain name plan.

The FTC argues ICANN has failed to police the current set of domains, so adding more domains will make it even easier for scammers to game the naming system.

Already, tricksters engage in phishing schemes that spoof legitimate sites, such as Citibank.com, to trick unwitting depositors into entering account information on bogus sites by using similar names -- perhaps Citybanks.com or Citigroup.biz.


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