A UK man found a way to earn money off telemarketers who were constantly calling him. In 2011 he set up his own personal 0871 line – so to call him now costs money to the caller. Every time a bank, gas or electricity supplier asked him for his details, he submits it as his contact number.

How one man turns annoying cold calls into cash

A man targeted by marketing companies is making money from cold calls with his own higher-rate phone number.

In November 2011 Lee Beaumont paid £10 plus VAT to set up his personal 0871 line – so to call him now costs 10p, from which he receives 7p.

The Leeds businessman told BBC Radio 4’s You and Yours programme that the line had so far made £300.

Phone Pay Plus, which regulates premium numbers, said it strongly discouraged people from adopting the idea.

Mr Beaumont came up with the plan when he grew sick of calls offering to help him reclaim payment protection insurance (PPI), or install solar panels.

He said: “I don’t use my normal Leeds number for anyone but my friends and family.”

Once he had set up the 0871 line… Continue Reading


Source: https://www.bbc.com/news/technology-23869462