Fraud Intelligence
Telecom fraud losses to top US$46bn in 2013
By Robert Stokes
Fraudsters using telecommunications without paying will cost the global industry around US$46 billion in 2013, according to
the US-based Communications Fraud Control Association (CFCA). Based on a worldwide survey, its experts predict such losses
this year will be 15% up on 2011 and will represent 2.09% of global revenues.