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The explosion in smartphone use has put the Internet in the palms of consumers’ hands. Consumers use smartphones every day; whether it is for work, to pay their bills, or to find out who “that guy” from “that movie” is. Now imagine that little device vanishes. Might someone use the personal and private information on your phone against you?
You may have heard about the federal Lifeline subsidy program in the news recently. This program has been under scrutiny by Congress, and many believe that the program should be shut down. Unfortunately, there has been a great deal of misinformation circulating about the program – dubbed by many as the “Obamaphone.”
Several new trends in fraud perpetrated via mobile phones are making it more important than ever for consumers to educate themselves about these next-generation scams.