There's a new cellphone scam in town: 'International Revenue Share Fraud'

An MTN customer recently made contact with MyBroadband after he received a bill of R12 714 which is much higher than their average R200 a month on their data-only contract.

Apart from the huge bill, this customer discovered that multiple international calls had been made on their SIM despite being on a data-only contract.

Jan Vermeulen of MyBroadband says this scam is called the 'International Revenue Share Fraud'.

What these guys do is hijack your SIM and they make phone calls to a premium rated number overseas and they take a share of the profits that these premium numbers generate off of phone calls.

Jan Vermeulen, MyBroadband

Why have the services providers not stopped this from happening?

Vermeulen says the providers say they don't want to limit customers freedoms to do as they please, so premium rated numbers aren't prohibited from being dialed by default.

But customers should be able to opt in or out for such an option, says Vermeulen.

With the prevalence of fraud happening especially on mobile networks, cellphone network providers need to protect their customers against fraud like the banks do.

Jan Vermeulen, MyBroadband

Vermeulen says because the numbers are not being disclosed as fraud numbers it it difficult to say how prevalent the fraud is.

The only way to safeguard yourself right now is to monitor your bill, says Vermeulen.

Listen here for more on the international revenue share fraud:


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
DA calls for urgent investigation into illegal sale of strategic oil stocks

DA calls for urgent investigation into illegal sale of strategic oil stocks

The DA has written to President Cyril Ramaphosa asking him to initiate an urgent Special Investigation Unit into the case.

Test Kitchen redesigns operations into 'Drought Kitchen' to save water and jobs

Test Kitchen redesigns operations into 'Drought Kitchen' to save water and jobs

Award-winning chef Luke Dale-Roberts explains how they've ensured no job losses and continued operations during the tough drought.

The rise and fall of the #Guptas

The rise and fall of the #Guptas

Jessica Bezuidenhout explains the plight of the Guptas and how they fell from power and the strike at their Optimum Coal Mine.

UK issues terror warning against SA after Brit couple abducted in KZN

UK issues terror warning against SA after Brit couple abducted in KZN

The British gov issued a travel advisory‚ warning of possible attacks when traveling to SA, after a UK couple was kidnapped.

Right2Know: Cell companies must cough up phone tapping stats

Right2Know: Cell companies must cough up phone tapping stats

The NGO is calling on all cell phone networks to reveal how many times they’ve been asked to intercept calls.

The Science Inside: What's really going on at MTN?

The Science Inside: What's really going on at MTN?

The Science Inside the recent long drawn out strike over at MTN and the sudden resignation of the CEO due to 'family reasons'.

Popular articles
"Duduzane Zuma is the Gupta family's greatest asset"

"Duduzane Zuma is the Gupta family's greatest asset"

Sunday Times journo Thanduxolo Jika who broke the front page story about the Gupta family emails vouches for their authenticity.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

How to make your first million

How to make your first million

Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

Bruce Whitfield interviews the razor-sharp tongued Vestact MD Paul Theron about his money hopes, fears, successes, failures, etc.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...