What is telecom fraud? What are the common fraud methods?

Telecom fraud refers to the criminal act of fabricating false information and setting up a scam by telephone, internet, SMS, etc., and implementing remote and non-contact fraud on the victim to induce the victim to make money or transfer money. Usually, the purpose of cheating is achieved by impersonating others and forging various legal coats and forms.

Common fraud methods include: impersonating public security law, manufacturers of commercial companies, staff of state organs, bank staff and other institutional personnel, forging, impersonating recruitment, billing, loans, mobile phone positioning, soliciting prostitutes and so on.

Characteristics of telecom fraud:

Telecommunication fraud is widespread and developing rapidly. Telecom fraudsters often make use of people's psychology of seeking advantages and avoiding disadvantages, and release false information to the masses by fabricating false telephone calls and short messages. In a very short time, the scope of publication is very wide, and the scope of infringement is very large, so the loss is also very wide.

Fraudulent methods have been renovated quickly. At first, they just bought a "earthen cannon" with little money to get a short message, and developed it into any software and radio station displaying numbers on the Internet, which became a highly intelligent fraud means. From the perspective of fraud excuses, it has developed from the most primitive winning fraud to extortion, telephone arrears, car tax refund and so on. Liars can always come up with all kinds of tricks.