All Leakages and Frauds Suffered by Comms Providers, Ranked by Value
Bad debt topped the tables for the greatest single cause of leakage per the Risk & Assurance Group’s RAFM Survey.
Telco CEO Charged with Fraud after 10-Year Investigation
Shareholder representatives are standing by Juris Gulbis, CEO of Tet, after he was charged with overpaying EUR7.6mn for TV equipment.
Ugandan Mobile Money Services Suspended Following Major Fraud
Stanbic Bank Uganda, MTN Uganda and Airtel Uganda said they faced “unprecedented technical challenges”.
Singapore Tackles Scams By Displaying ‘+’ Symbol for International Calls
Authorities are taking action following a 50% rise in phone impersonation frauds.
Philippines Promises to Find Chinese Illegal Immigrant Telecoms Fraudsters
Philippine internet gaming firms that target Chinese players have been blamed for illegal immigration and phone frauds.
Vigilante Hacker Spies on Scam Call Center Using Their Own CCTV and Call Recording Systems
Fraudsters in Gurgaon, India, were raided by police after British hacker Jim Browning published recordings of their crimes.
Why We Need the Opposite of Fraud Awareness Week
Public awareness of fraud is what you seek if you are not able or willing to take more effective forms of action.
Kroll Report Says TMT Firms More Likely to Experience Significant Fraud by External Parties
The survey also found that technology, media and telecoms (TMT) businesses suffered less internal fraud.
Study Blames Low Pay for Mobile Money Fraud in Ghana
It was also reported that some Ghanian mobile money operators have a lax control environment from top to bottom.
5 Years in Prison for Telco CEO Who Faked Contracts
The boss of an Alaskan carrier forged signatures to make it seem like she had secured valuable wholesale contracts. Previously she worked in risk management.