TELECOMMUNICATION FRAUD AND FRAMEWORK TO MITIGATE IT
To highlight the pervasiveness of telecom fraud and how it affects the telecommunications network and its subscribers. In this paper, a framework will be developed for the understanding of telecom fraud. This framework can be then used to indicate the possible avenues for combating existing fraud. This paper draws on secondary sources of data and available literature on telecom fraud and financial crime. The study adopts the case study approach wherein various use cases of the telecom sector have been analyzed. This paper presents the big picture of the issue in the context of telecom fraud and the different challenges associated with it. The findings indicate that elements of fraud risk not only have an adverse effect on revenue of telco’s but also affects the incident of telecom fraud.