VoIP Executives Caught Embezzling Funds

A criminal gang of 5 based in West Java, Indonesia have been caught using VoIP to embezzle funds. Out of the gang, 3 members are reportedly ex-executives of major telecoms company PT Telkom.

The police began investigating the case in 2000 when PT Telkom allowed PT Global Comm and PT Mobisel to market VoIP technology. As arranged in the deal, PT Telkom provided the infrastructure while PT Global Comm and PT Mobisel administered the VoIP service. A share of the profit would then be transferred to PT Telkom, which was then under the leadership of the 3 implicated executives.

However, police were notified that a portion of the profit owed to PT Telkom did not make it to the company accounts. The general in charge of the investigation claimed that the police could find no trace of where the missing money went.