Phone fraud is a billion dollar industry

Phonebusters, a cooperative effort between U.S. and Canadian law enforcement agencies, estimates phone fraud to be a $1 billion a year business now.

Phonebusters, a cooperative effort between U.S. and Canadian law enforcement agencies, estimates phone fraud to be a $1 billion a year business now. The FBI estimates that U.S. citizens send $100 million each year to Canadian con artists.

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