Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Law

Sim Box fraud: FCfa 13 billion in losses for Cameroon telecom operators in 2015 already

Saturday, 05 September 2015 15:41

(Ecofin Agency) - Between January and August 2015, over 65 million minutes of telephone calls were diverted by fraudsters using SIM toolboxes, commonly referred to as SIM Box. Telecom operators in Cameroon have lost over FCfa13 billion over the period in question due to this practice, a telecom expert revealed to private newspaper Le Messager.

Indeed, the Sim Box a device holding many Sim cards, offers the possibility to its user of making calls coming from abroad appear as if emitted in Cameroon. The fraudster can then avoid tariffs and charges for international calls, at the expense of the telecom operators and Public Treasury.

This was practised by Fonkou Fosso and Tchioffo Tazioti, two young Cameroonians who have arrested by the Police on 28 August 2015 in Douala, the local press revealed. According to the 21 December law on cyber-criminality and cyber-security in Cameroon, these presumed fraudsters could face 5 to 10 years of prison and fines between FCfa 5 and 10 million each.

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.