Nokia top selling phone on crime most wanted list During an ongoing investigation in to Cross Border ID Theft gangs that are specialized in card and on-line banking fraud. Ultrascan-agi.com found an increasing demand for old Nokia's 1100 mobile phone.
Made in Germany Nokia's cheap 1100 handset has reportedly racked up "over 200 million sales" since it launched. But only the model 1100 made in Germany is wanted by the crime rings. out of the ordinary offers for an old mobile phone Six months ago out of the ordinary offers started to float the internet fora and auction sites, prices started to rise above Nokia's official price of around 100 euro.
In January this year offers ranged from trading against iPods or cash 300 euro. In the past two months prices ranged between 7.500 and 10.000 euro, but this week a Nokia 1100 was sold for 25.000 euro
Nokia 1100 hacked to insert any mobile number and intercept Mobile TAN Further investigations revealed that, in particular East European gangs, were buying this German Nokia 1100, were able to hack this model to insert any mobile phone number and use it for criminal purposes, especially to intercept the mobile (sms) TAN code during on-line banking fraud.
UPDATE April 25 2009 We have received 3 German Nokia 1100 for testing. We have outsourced the testing of the phone, to be examined and tested to see if the TAN interception can be replicated. Result are expected around the end of this month.
Ultrascan FIU Financial Intelligence Unit - A mixture of intelligence gathering, investigations, reputational risk mitigation and Innovative Technology in line of objectives. Focused on external information and stakeholder engagement, to detect exposure to financial crime risk.