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At one time, cloning of cellular phones accounted for a large portion of cell fraud. sale of cloning hardware or software. A primary type of cell fraud is subscriber fraud. estimated that carriers lose more than $150 million per year due to subscriber fraud.
Card cloning may be happening at a local level, but this is by no means a small time operation. This is highly organised crime, explains DC Simon Russen of Bedfordshire Police's Fraud Squad. It is such an easy way for criminals to make money which they use to fund other crime.