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> Six people charged in £4.5 million-plus UK cellco fraud

[SOURCE] Infosecurity Magazine [DATE: 20/08/2010 12:00] [LANGUAGE: EN]
UK cellcos have always been hit by fraud from multiple angles, largely because of the hefty subsidies they apply to handsets, as well as the ability of criminals to set up international calling shops using fraudulently obtained SIM cards. But now the City of London police have arrested 11 people in a £4.5 million fraud.
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