MOBILE BANKING FRAUD ALERT:Intelligent sim swap syndicate in town

There is a new intelligent fraud format in town being called the SIM SWAP FRAUD and hundreds of persons are already VICTIMS.

How does it work?

1. A new fraud called SIM SWAP has started. Your phone network will momentarily go blind/zero (No Signal / Zero Bars) and after a while, a call will come through.

2. The Person on the other end of the call will tell you that he is calling from (your cell phone
company)depending on your network and that there is a technical problem in your mobile network.

3. He will then instruct you to please press 1 on your phone to restore your network.

4. Please at this stage don’t Press anything, just cut or END the call. If you press 1, the network will appear suddenly and almost immediately go blind again (Zero Bars) and by that action, your phone is #HACKED.

MOBILE BANKING FRAUD ALERT:Intelligent sim swap syndicate in town

Within a few seconds, they will empty your bank account, that is, if you have a bank app on your phone, and you won’t receive any alert. Yes, your entire savings in your bank account will be swept away and you will not receive any bank alert.

It will appear as though your line is without Network, meanwhile, your SIM has been SWAPPED.

The danger here is that you will not get any alerts of any transactions, so, please those of us doing USSD Banking and Mobile Banking BEWARE.

It is strongly believed that this intelligent swap is being successful due to its secret collaboration with employees of banks and the networks.

Let’s be very careful. Please, forward to your contacts, loved ones, and friends.