One should never share his OTP with anyone, this thing is known to every person in today’s day and cybercrime officials also warn about this time and again. But what if you become a victim of a fraud without sharing your OTP with anyone?
Recently, a person from Delhi lost his 50 lakh rupees through a missed call. Scammers did not ask him for OTP, yet money was deducted from his account.
This is the full story
A person working as a security services in South Delhi lost Rs 50 lakh from his account. According to the Times of India report, this person was getting repeated missed calls between 7 pm and 8:45 pm. Initially he ignored some calls but after some time when he talked, no one spoke from the other side. However, after some time when he checked his message, he was shocked to see a transfer of Rs 50 lakh through RTGS i.e. Real Time Gross Settlement. From the initial investigation, it is believed that this fraud has been executed from Jamtara.
How fraud happened without OTP
The victim told that he had not shared the OTP, yet he was cheated. Such scams are often done by criminals sitting in Jamtara. They scam in new ways and in this case it is being said that the scammers must have swapped the SIM.
What is sim swap?
In SIM swap, scammers get access to Victim’s mobile number by bypassing Two Factor Authentication. Due to this, scammers also start receiving calls or messages coming on the target’s mobile number.
For SIM switching, fraudsters contact the SIM provider and tell themselves as the original owner. When the fraud sim is activated, the scammers get control of the victim’s mobile number. They use it to receive or send calls and messages.