2 Stories

Wrong Numbers Help 'Crammers' Steal Millions

Telecoms turn a blind eye, critics say

(Newser) - A major FTC case is exposing criminals who use the obscurity of telephone billing to steal millions. A practice known as "cramming" takes advantage of misdials—a recent scheme used a number accidentally misprinted in a newspaper for a Toyota recall hotline—to tack on charges to phone bills.... More »

FCC Airwaves Auction Sets Record

But a band that required open access drew a low price

(Newser) - The FCC earned a record $19.6 billion auctioning soon-to-be-available airwaves to wireless network providers, the Wall Street Journal reports after months of bidding closed yesterday. While the auction exceeded the $15 billion the agency expected, it could have earned still more if it hadn’t placed restrictions on certain... More »

2 Stories