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The Almighty Buck Privacy Spam United Kingdom Idle

How One Man Turns Annoying Cold Calls Into Cash 227

First time accepted submitter georgeaperkins writes "A man targeted by marketing companies is making money from cold calls with his own premium-rate phone number. So far he's made £300 profit following a £10+VAT initial investment. The premium rate regulator has 'strongly discouraged' the practice, as it violates the code of practice. Nevertheless, the novel idea is sure to resonate with everyone worn down by mindless cold calling!"
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How One Man Turns Annoying Cold Calls Into Cash

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  • by Captain Hook ( 923766 ) on Thursday August 29, 2013 @05:59AM (#44704627)
    I've got a personal number which costs more to ring than a standard mobile line, I set it up for the similar reasons, after entering details of an accident when I renewed my insurance I got bombarded by ambulance chasers.

    The only difference is that I don't get a cut of the call costs, I just wanted a way to give a telephone number on websites which comes through to my mobile phone but could easily be rerouted to voicemail off when the frequency of spam calls gets too high.

    Family and friends all get my real number while all companies get the forwarding number so I know that sending everything from the forwarding number to voicemail isn't going to affect people I actually want to talk to.
  • Re:Conversation (Score:5, Interesting)

    by StripedCow ( 776465 ) on Thursday August 29, 2013 @06:01AM (#44704637)

    Now, premium rate phone number or not, if this is how ALL people treated markteers, then there would be no more cold calling.
    Quite simple if you think about it.

  • Clear something up? (Score:3, Interesting)

    by Justpin ( 2974855 ) on Thursday August 29, 2013 @06:12AM (#44704679)
    In Hong Kong it costs money to receive calls, they call it a connection fee. Which means that people simply never answer calls to unfamiliar numbers. It there such a thing in the US? As far as I know there is no such thing as a connection fee in the UK.
  • Re:Conversation (Score:5, Interesting)

    by jamesh ( 87723 ) on Thursday August 29, 2013 @06:38AM (#44704789)
    "Hang on I'll just get my credit card" is likely to keep them waiting for longer
  • Re:and why not? (Score:5, Interesting)

    by Xest ( 935314 ) on Thursday August 29, 2013 @06:39AM (#44704791)

    Businesses have often lobbied for codes of practice to be unenforceable so that nothing comes of them if they breach them so I doubt this is illegal, he'll just get a telling off from the regulator - as if he gives a shit.

    It breaks the code of practice supposedly because you have to list pricing information alongside premium rate numbers and when he fills in the forms for his phone number etc. there is no form field to do this.

    But I'm not convinced the code even applies, because the pricing information is meant for consumers and he's only giving these details to businesses who tend not to be covered by consumer protection laws (they're not protected by the sale of goods act for example).

    I think this is more the regulator trying to avoid a headache than him actually doing anything wrong. I'd be surprised if any enforcement could actually be taken against him successfully which is presumably why the regulator has said "We advise against this" rather than "We're going to have a word with him and make him stop because he's breaching the code" - I suspect they're "advising" and not "acting" because there's actually fuck all else they can do about it but we'll probably find out before long.

  • Re:and why not? (Score:4, Interesting)

    by jamesh ( 87723 ) on Thursday August 29, 2013 @06:43AM (#44704817)

    the forms don't have a space for the prices. They don't care about the price.

    Then it would be against the code of practice to put your premium number on such a form.

    Still... if it wasn't _your_ number, then I guess you couldn't get into trouble. You wouldn't receive a cut, but the idea of them trying to sell something to the girl on the end of the "naughty nun spank hotline" might give you a smug sense of satisfaction.

  • Re:Conversation (Score:2, Interesting)

    by Anonymous Coward on Thursday August 29, 2013 @06:48AM (#44704835)

    I left the phone 'off the hook' once after I had said "no thanks, not interested" 3 times. Half an hour later I get a call from my mom saying this guy had called several people with the same last name because he thought something had happened to me.......

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