A Guide to Detecting and Preventing Telecom Fraud According to the Federal Trade Commission, telecom fraud continues to account for more and more fraud complaints each year. The numbers continue to grow and new technology has led to an onslaught of new telecom fraud tactics. The latest schemes are difficult to track and investigate because of their frequency, their layers of anonymity, and their global nature. This guide will help you learn about the different types of telecom fraud and industry best practices for detection and prevention. Three Major Categories of Telecom Fraud We will divide the many telecom fraud schemes into three broad categories, based on who the fraudsters are targeting. These categories are: Schemes to Defraud Telecom Service Providers These schemes are the most complicated, and exploit telecom service providers using stimulated traffic, SIP trunking, regulatory loopholes, and more. Schemes to Defraud Subscribers This is simply any scheme that...
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