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19-Jul-2020 09:56

Beaumont said it was very easy to set up the premium rate number: he found a company online and paid a one-off £10 plus VAT, with no other fees or charges.

Changed his home phone to a premium rate number Now Beaumont is actively looking for ways to increase calls to his number. “I look for ways to get companies to call me.”When he opens a new bank account, switches energy supplier and so on, and the company asks for his home number, he gives them the premium rate number.

This paper will show you how it works, and how to prevent it.

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In fact, many reputable charities make use of premium rate numbers or premium rate SMS text messages to raise money.Many services even offer help setting up a custom Interactive Voice Response system (IVR) or call center answering.Fraudsters need only specify whether they want the line to be answered with psychic readings, betting tips, chat lines, or weather reports.Now, a whole eco-system has evolved that makes traffic pumping fraud to premium rate numbers an easy endeavor for anyone.”Fraudsters today can hack into a phone network, use stolen equipment, or simply use deceptive practices to generate traffic to premium rate numbers.

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The results can be tens of thousands of dollars in fraudulent charges.

Because the general public looks at telecom fraud as similar to credit card fraud, as something for which they should not be liable, most service providers are unable to collect payment for the huge charges, and are instead stuck paying the bills themselves. Many sources for these numbers can be found through a simple Google search.