The Federal Police of Ethiopia has arrested 32 individuals engaged in telecom fraud sharing the state monopoly’s Ethio Telecom business. As a result of their fraud business, the country has lost over 30 million birr (around $1.1 million), according to the report. Telecom fraud has been common business in Ethiopia. In March 2017 Ethio Telecom reported a loss of $52 million every year because of telecom fraud. In Africa in 2015 mobile network operators lost more than $38 billion due to telecom fraud, according to the Communications Fraud Control Association (CFCA).

Source: Ethiopian News February 24, 2019 13:18 UTC