The Federal Court has imposed penalties totalling $375,000 on two subsidiaries of MobileActive (ASX: MBA) for making false or misleading representations in their TV advertisements for mobile premium services.
The ACCC says it received around 42,000 scam-related reports in 2010, double the number in 2009. Reported losses totalled $63m and one victim lost $4m.
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More of this is needed. Aussie Broadband would have more high speed customers if NBN could actually provide the service.[…]