Mumbai Businessman lost Rs. 1.86cr in a SIM Card Swap Fraud
Imagine a few missed calls on your phone can render you bankrupt! Yes, 6 missed calls from an unknown number cost a Mumbai businessman Rs. 1.86 crore! According to a report by Mumbai Mirror, the victim received 6 missed calls on the intervening night of 27 th -28 th December 2018 between 11 pm-2 am. Following the missed calls, a colossal amount of Rs. 1.86 crore was transferred from his account to 14 different accounts across the country. The report revealed that Mumbai Businessman, V Shah was swindled by SIM card swap fraud, the latest Cyber Crime technique used to cheat mobile users. Out of six unknown numbers, one number displayed the dialing code of United Kingdom (+44). V shah informed the media that he tried to reach the numbers following morning, however, to his surprise; he found his SIM was deactivated. On contacting mobile service provider, he was told that the SIM was deactivated on his application for a new SIM card. He smelt something fishy as h...