Beware of SIM Swap Frauds That Can Steal Your Money: This Pune CA Lost Rs 2.2 Lakh

In a new case of SIM card swapping fraud, scammers reportedly duped a Pune-based chartered accountant of Rs 2.2 lakh from her bank account. The phishing fraud is said to have happened on May 28, when the victim, whose name was not revealed in the report, received a call from scammers that pretended to be engaged with her telecom operator. During the conversation, they seemingly convinced her that she was still using a 3G SIM card, which required urgent upgrade to 4G or risked being blocked immediately.

A report by ET Telecom states that after receiving the call, the 39-year-old was duped into believing that the callers were legitimate. The scammers made the victim reveal certain key details about her phone number, following which they reportedly sent a 20-digit code to her phone number and asked her to click on it. Soon after this, the victim’s original SIM card was automatically deactivated, and the scammers took control of her number on a cloned SIM card that they now possessed, with her number registered on it. They then used it to siphon off funds worth Rs 2.2 lakh from her account.