IP phone Far-West: 2 fake long-distance minute resellers got busted

How to become rich before 30. Edwin Andres Pena, 23, living in Miami and his buddy Robert Moore, 22, of Spokane, WA found the way. The wrong way. They got arrested by the US Federal authorities yesterday, supposedly because they made more than $1 million by faking a long-distance discount broker scheme.

They act as a telecoms broker, an all clean activity but which would make them buy big amounts of airtime from large carriers and resell them for a profit to smaller discounters.

Mr. Pena, to shortcut the procedure, went off the track. Instead, he and his buddy hacked into a network router to the Internet and route the calls to IP phone company networks. Of course, after stealing access codes from them.

All of the companies supported the obscure activity. Some of them got bills up to $300,000 per month.

The NY Times, which has pictures of the two guys, considered that “the case, representing an elaborate new form of Internet hacking, raises fresh questions about the security of phone traffic over largely unregulated networks.”

Tell us what you think? Are you afraid of IP security?

Jun 8, 2006 | By Nuno

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