Abstract

Telephone fraud is one of the fastest growing areas of white collar crime. Last year alone, AT&T reported that this type of fraud cost US business over $2 billion. Telephone companies and private vendors have begun marketing products designed to control this type of telephone abuse. Below is a selected list of products designed to reduce this risk as well as information about how the big three telephone carriers, AT&T, MCI, and Sprint, are addressing fraud issues. In addition, specific organizations taking an active part in telephone fraud control are listed.

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