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Quatloos.com is an
anti-fraud Fraud deterrence has gained public recognition and spotlight since the 2002 inception of the Sarbanes-Oxley Act. Of the many reforms enacted through Sarbanes-Oxley, one major goal was to regain public confidence in the reliability of financial mark ...
website maintained by a
non-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
corporation A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and ...
, Financial and Tax Fraud Education Associates, Inc. It evolved out of a basic educational website on the topic created in 1997 by Jay Adkisson, an attorney and stockbroker, who has testified as an expert witness before the
US Senate Finance Committee The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. The Committee concerns itself with matters relating to taxation and other revenue measures generall ...
. ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' selected it as one of its "Best of The Web" sites in 2000. In 2003, it was featured in '' PC Magazine'' "Site of the Week" series, and was included in their 2004 feature on the top 100 undiscovered web sites, where it was recommended as a good place to learn about scams and fraud. In the 2000s it was cited as an authoritative source for scams in the financial media, and by government organizations, and had reportedly been frequented by employees of the US
Justice Justice, in its broadest sense, is the principle that people receive that which they deserve, with the interpretation of what then constitutes "deserving" being impacted upon by numerous fields, with many differing viewpoints and perspective ...
and
Treasury A treasury is either *A government department related to finance and taxation, a finance ministry. *A place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or i ...
departments, as well as those of the US federal courts. In 2010, the blog was moved from its original domain at Quatloos.com to a
blogspot Blogger is an American online content management system founded in 1999 which enables multi-user blogs with time-stamped entries. Pyra Labs developed it before being acquired by Google in 2003. Google hosts the blogs, which can be accessed th ...
page. It is still active as of December, 2022.


Etymology

The term ''quatloos'' appears in an episode of '' Star Trek'', although it may have been in use prior to this; it was the name of a currency used for betting in the episode "
The Gamesters of Triskelion "The Gamesters of Triskelion" is the sixteenth episode of the Star Trek: The Original Series (season 2), second season of the American science fiction television series ''Star Trek: The Original Series, Star Trek''. Written by Margaret Armen and d ...
." It was chosen for the site as it has come to mean a " fictional currency," appropriate for a site that fights fraudulent money scams.


References

{{Reflist, 30em Educational websites Fraud