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2019-10-22 03:05:06

Victim of $24 million SIM swap scam decides to fight back

The target of a twenty-four million dollars ($24 million) SIM swap scam has decided to retaliate and write an open letter to United States Federal Communication Commission (FCC) Chairman Ajit Pai. SIM swap scam is the new cryptocurrency scam that has emerged in the last couple of years and is gradually emerging as one of the most nerve-racking frauds in the digital world. It is a form of an unwarranted account-procuring that tactfully determines loophole in the account authentication process and seamlessly transfers a telephone number to a new SIM. Hacks like these are now prevalent as fraudsters use the