SIM BOX FRAUD !! Meaning !!!! SIM Box fraud, also called SIM Boxing or Call By-pass, is a complex fraud system that makes a call from over-seas appear on the phone screen as a local call. This is because the fraudsters channel the calls from abroad through unapproved routes by terminating them on SIM boxes fitted with local SIM cards here in Ghana. By so doing, the fraudsters get to keep the international call rate charged, but the telcos whose SIM cards are used to terminate the call in Ghana, only get paid the local call rate because the call was channeled through a local SIM card. According to the Chamber, the 19 cents per minute charge is only serving as an incentive for the fraudsters who engage in the illegal operation. The Chief Executive of the Chamber, Kweku Sakyi-Addo explained this to JOY-BUSINESS at the Telecoms Industry Breakfast Dialogue Series. The current regime makes it extremely expensive to call Ghana, and so it costs 200 times more to call Ghana from the UK than it does to call Nigeria. It also means that even calling Ghana from Togo or from the Ivory Coast or from Sierra Leone or neighboring West African States...Its expensive to call Ghana - its 19 Cents.. And from where we sit, we dont see this as a law and order problem, we don’t see this as a problem created by technology - we see this as a pricing problem… Mr. Sakyi-Addo added that the phenomenon is affecting revenue generation not only by telcos but government as well. Over the last four years or so, the volumes of legitimate traffic coming into Ghana has fallen by about 40%, that has implications for revenues to government, to mobile operators who depend on the contributions - 1% of the revenues that mobile operators make as their source of revenue. The only lot or entity that is a gainer, and that is laughing all the way to the Bank is the crooks - the SIM Box operators because mobile phone operators invest in infrastructure, they pay taxes, they pay license fees for the international gateway license of 2 Million Dollars and then they pay an annual renewal fee and so its a problem for us.. he noted. - See more at: myjoyonline/news/2014/December-3rd/review-international-call-rates-to-curb-sim-box-fraud-chamber.php#sthash.hQ1Us6l7.dpuf
Posted on: Tue, 27 Jan 2015 12:30:28 +0000
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