Police Arrest iPhone Fraud Suspects

August 19th, 2010 2:43pm By Chris McGivern

9 people were arrested yesterday by London police, suspected of being part of a sophisticated global network of criminals who used false identities and shady credit cards to buy thousands of iPhones under contract, before using them to make millions of pounds through premium phone lines.

The Telegraph reports that by using SIM cards and automated dialing technology, the gang would use the mobile phones to call the premium-rate numbers - which they had set up themselves - before waiting to be paid by network provider O2, who in turn were left waiting for a payment from the premium line owner, which of course, never came.

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