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AAP
AAP
Farid Farid

Telco fined $2.5 million for mobile phone fraud

Scammers were able to manipulate Southern Phone's systems to bypass identity verification processes. (James Ross/AAP PHOTOS)

A telecommunication firm has been slapped with the maximum fine possible for lax security that allowed scammers to con customers.

Southern Phone Company Limited has paid a $2,500,560 penalty for breaching anti-scam laws following an Australian Communications and Media Authority (ACMA) crackdown on mobile number fraud.

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