Euro Police Shut Down Four Call Centers Selling Cryptocurrency Investment Scam
German victims were lured into paying EUR2mn for bogus investments advertised on social media and the web.
Thai Police Cut Internet Cables Used by Cambodian Scammers
A search of government-run telecoms facilities in Thailand led to the disconnection of 30 cables that ran across the border.
Elon Musk Says Twitter Lost $60mn a Year Because 390 Telcos Used Bot Accounts to Pump A2P SMS
Twitter accounts were created solely to generate revenue for telcos from two-factor authentication SMS messages.
New Catalog of Telecoms Fraud Now Available
Geoff Ibbett released version 0.1 of the RAG Fraud Catalog just in time to present it at RAG Sydney. The subsequent response from telcos has been enthusiastic.
Do Indian Police Raids Signal Change of Attitude to Scam Call Centers?
India’s Central Bureau of Investigation said they acted on intelligence from foreign police, including the US Federal Bureau of Investigation.
Why We Should Stop Talking about Silver Bullets (and the Lack of Them)
Sometimes important questions receive answers that are not really answers.
When Telcos Defraud Telcos
Some fraudsters work for telcos. They may even appear to be a good employee with an impressive record for delivery. How should a fraud manager handle them?
Half of All Australian Scams Begin with Voice Calls
Losses to scams increased by 84 percent in 2021 but there was also a 50 percent reduction in the number of phone scams reported.
New Callback Scam Is Based on Misleading Voicemails
This fraud will be difficult to detect because it challenges assumptions about how fraudsters work, even though it relies on an old psychological ploy.
The Teflon Dons of Telecoms
The first part in a series about holding telecoms bosses accountable for corruption features the stories of Kurt Hellström and Carl-Henric Svanberg, two former CEOs at Ericsson.