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Florida man loses life savings of $700K in ‘SIM swap’ phone scheme

 
Anonymous Coward
User ID: 51725633
United Kingdom
05/14/2022 02:42 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
just wait until this happens to a phone with a non removable sim chip.

your phone becomes a brick, they' can't change the sim serial number.
 Quoting: Anonymous Coward 71406107


How can this happen with a non-removable SIM card?
 Quoting: Anonymous 83192781


exactly the same way the phone was registered to a network in the first place.
Anonymous
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05/14/2022 02:43 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
 Quoting: Anonymous 83192781


Which YubiKey is for Android?


I can't figure it out

[link to www.yubico.com (secure)]

Yubico.com - YubiKey 5 Series - Find Your YubiKey Today
Anonymous
User ID: 83192781
05/14/2022 02:46 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme


[link to youtu.be (secure)]
Anonymous Coward
User ID: 83228890
Canada
05/14/2022 02:46 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
You can call your cell phone provider and ask them to add a security feature to your account to prevent this. I think then that it adds a few days or something to swapping a Sim, enough time to stop someone from getting your cell phone one time codes.
Anonymous Coward
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05/14/2022 02:46 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
TAMPA, Fla. — Dan Clark says his future changed in an instant as his life savings of more than $700,000 vanished.

“My phone said, ‘No service, SIM card.’ And I didn’t even know what a SIM card was,” Clark said.

By the time he found out, it was too late. His phone number had been transferred to a crook’s device, and Clark’s accounts, including his proceeds in investments in cryptocurrency, were wiped out.

“I lost everything in a matter of a few hours,” he said. “Life’s work, a few hours.”

Clark quickly learned he was a victim of a SIM swap, a sophisticated scheme the FBI warns is sweeping the country. In 2021, the FBI received 1,611 SIM swapping complaints representing $68 million in losses to consumers.

[link to www.woodtv.com (secure)]


[link to youtu.be (secure)]
 Quoting: DeploraVision ™


he may be able to sue his phone carrier AND OR THEIR INSURANCE FOR THIS...!
Anonymous
User ID: 83192781
05/14/2022 02:47 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme


[link to youtu.be (secure)]
Anonymous
User ID: 83192781
05/14/2022 02:49 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme


[link to youtu.be (secure)]
Anonymous Coward
User ID: 82879463
Canada
05/14/2022 02:57 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Thanks for the info

So these criminals have to physically remove the SIM card from your phone?
 Quoting: Anonymous 83192781


No. Its called SIM card spoofing.

They alter a SIM card that tricks the towers (and cell network) into thinking that altered SIM belongs to someone else. Then the data that should be going to someone elses phone, goes to the spoofed/altered SIM. And they basically hijack the phone.


But there is one way to stop a SIM spoof/attack. And thats using an Authenticator app for all of your money related accounts. No one can spoof or grab your Authenticator unless they physically have your phone.
Anonymous Coward
User ID: 82774059
United States
05/14/2022 03:04 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
READ THIS

[link to en.wikipedia.org (secure)]

That may be what hacked his Phone

also

dig this, Cops take control of your phone, no need to swap out SIM cards
it can be done remotely

Quote: Stingray Dirtbox
Both the DEA and the Marshals possess airplanes outfitted with so-called stingrays or dirtboxes: powerful technologies capable of tracking mobile phones or, depending on how they're configured, collecting data and communications from mobile phones in bulk.Jul 31, 2020~~~~ end quote


Quote" Stingray is the generic name for an electronic surveillance tool that simulates a cell phone tower in order to force mobile phones and other devices to connect to it instead of to a legitimate cell tower. In doing so, the phone or other device reveals information about itself and its user to the operator of the stingray. Other common names for the tool are “cell-site simulator” and “IMSI catcher.”

end quote

who is hacking Phones? don't bother to call a cop on a cop.

get it?

WATCH THIS from the Science Lab

[link to www.scienceabc.com (secure)]


Learn this, teach other people about it.
Anonymous Coward
User ID: 82774059
United States
05/14/2022 03:12 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Thanks for the info

So these criminals have to physically remove the SIM card from your phone?
 Quoting: Anonymous 83192781


No. Its called SIM card spoofing.

They alter a SIM card that tricks the towers (and cell network) into thinking that altered SIM belongs to someone else. Then the data that should be going to someone elses phone, goes to the spoofed/altered SIM. And they basically hijack the phone.


But there is one way to stop a SIM spoof/attack. And thats using an Authenticator app for all of your money related accounts. No one can spoof or grab your Authenticator unless they physically have your phone.
 Quoting: Anonymous Coward 82879463


[link to www.itperfection.com (secure)]
Anonymous Coward
User ID: 82774059
United States
05/14/2022 03:14 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
sorry

click link to download security software for your phone

[link to www.itperfection.com (secure)]

STUPID CLOUDFARE! ATE MY TEXT.
Anonymous Coward
User ID: 82879463
Canada
05/14/2022 03:15 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
TAMPA, Fla. — Dan Clark says his future changed in an instant as his life savings of more than $700,000 vanished.

“My phone said, ‘No service, SIM card.’ And I didn’t even know what a SIM card was,” Clark said.

By the time he found out, it was too late. His phone number had been transferred to a crook’s device, and Clark’s accounts, including his proceeds in investments in cryptocurrency, were wiped out.

“I lost everything in a matter of a few hours,” he said. “Life’s work, a few hours.”

Clark quickly learned he was a victim of a SIM swap, a sophisticated scheme the FBI warns is sweeping the country. In 2021, the FBI received 1,611 SIM swapping complaints representing $68 million in losses to consumers.

[link to www.woodtv.com (secure)]


[link to youtu.be (secure)]
 Quoting: DeploraVision ™



And now remember ...... they want everyone to have digital IDs and digital wallets with all this great reset bullshit.

Now imagine what will happen to everyones IDs and govt wallets.

.... GONE!

Identity thefts galore. Cleaning out of bank accounts, vaporizing pension funds, all gone.
Mr Jenzie
User ID: 82723116
United Kingdom
05/14/2022 03:20 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
he got phished and fell for it
Anonymous Coward
User ID: 78904572
United States
05/14/2022 03:25 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Thanks for the info

So these criminals have to physically remove the SIM card from your phone?
 Quoting: Anonymous 83192781


No. Its called SIM card spoofing.

They alter a SIM card that tricks the towers (and cell network) into thinking that altered SIM belongs to someone else. Then the data that should be going to someone elses phone, goes to the spoofed/altered SIM. And they basically hijack the phone.


But there is one way to stop a SIM spoof/attack. And thats using an Authenticator app for all of your money related accounts. No one can spoof or grab your Authenticator unless they physically have your phone.
 Quoting: Anonymous Coward 82879463


I've been using the authenticator app for nearly everything lately. Hope you're right about this.
936432979

User ID: 76832232
United States
05/14/2022 03:27 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Is this how it starts?

Thread: Anyone getting messages on their phone about not having a Sim Card inserted? WTF??
Anonymous Coward
User ID: 83249702
05/14/2022 03:29 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
The clip suggests it was crypto stolen. Would he be able to get his money back if it were usd in a legitimate banking app, like chase?
Anonymous Coward
User ID: 76824681
United States
05/14/2022 03:33 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Does this have anything to do with people having to switch sims for five G?
Anonymous Coward
User ID: 83249702
05/14/2022 03:43 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Thanks for the swell answer for a perfectly legitimate question, assholes.

You’re all useless.
936432979

User ID: 76832232
United States
05/14/2022 03:52 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
The clip suggests it was crypto stolen. Would he be able to get his money back if it were usd in a legitimate banking app, like chase?
 Quoting: Anonymous Coward 83249702


Anything financial would be taken if they could get to it on your phone probably.


Criminals are able to obtain an individual's SIM card through phishing tactics by pretending to be the victim's mobile carrier, according to the FBI.

"Once the SIM is swapped, the victim's calls, texts, and other data are diverted to the criminal's device," the FBI said. "This access allows criminals to send 'Forgot Password' or 'Account Recovery' requests to the victim's email and other online accounts associated with the victim's mobile telephone number."

Alarmingly, "the criminal uses the codes to login and reset passwords, gaining control of online accounts associated with the victim's phone profile," the FBI said.

[link to abcnews.go.com (secure)]
Anonymous
User ID: 78017772
United States
05/14/2022 04:05 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Thanks for the info

So these criminals have to physically remove the SIM card from your phone?
 Quoting: Anonymous 83192781


No. Its called SIM card spoofing.

They alter a SIM card that tricks the towers (and cell network) into thinking that altered SIM belongs to someone else. Then the data that should be going to someone elses phone, goes to the spoofed/altered SIM. And they basically hijack the phone.


But there is one way to stop a SIM spoof/attack. And thats using an Authenticator app for all of your money related accounts. No one can spoof or grab your Authenticator unless they physically have your phone.
 Quoting: Anonymous Coward 82879463


I've been using the authenticator app for nearly everything lately. Hope you're right about this.
 Quoting: Anonymous Coward 78904572


Thanks
Anonymous Coward
User ID: 51725633
United Kingdom
05/14/2022 04:58 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Thanks for the info

So these criminals have to physically remove the SIM card from your phone?
 Quoting: Anonymous 83192781


No. Its called SIM card spoofing.

They alter a SIM card that tricks the towers (and cell network) into thinking that altered SIM belongs to someone else. Then the data that should be going to someone elses phone, goes to the spoofed/altered SIM. And they basically hijack the phone.


But there is one way to stop a SIM spoof/attack. And thats using an Authenticator app for all of your money related accounts. No one can spoof or grab your Authenticator unless they physically have your phone.
 Quoting: Anonymous Coward 82879463


NO!!!

this is not what is happening at all.

It's where you lost your old sim and go the networks website and transfer your account to the new sim card.

This can be done over the phone with the network operator.

It's called SIM SWAP. NOT SPOOF.
XJDUB

User ID: 2238523
Canada
05/14/2022 05:13 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
not an app out there that is safe.
 Quoting: Alpacalips

Let the facts fall wherever, whenever, and however they may.

INTP - The Logician. 'Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.' - Albert Einstein.
Anonymous Coward
User ID: 83250615
05/14/2022 05:33 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
The clip suggests it was crypto stolen. Would he be able to get his money back if it were usd in a legitimate banking app, like chase?
 Quoting: Anonymous Coward 83249702


Anything financial would be taken if they could get to it on your phone probably.


Criminals are able to obtain an individual's SIM card through phishing tactics by pretending to be the victim's mobile carrier, according to the FBI.

"Once the SIM is swapped, the victim's calls, texts, and other data are diverted to the criminal's device," the FBI said. "This access allows criminals to send 'Forgot Password' or 'Account Recovery' requests to the victim's email and other online accounts associated with the victim's mobile telephone number."

Alarmingly, "the criminal uses the codes to login and reset passwords, gaining control of online accounts associated with the victim's phone profile," the FBI said.

[link to abcnews.go.com (secure)]
 Quoting: 936432979


I sure wish we could get this technology out of our lives. The risks outweigh the benefits now.

There’s probably no way to get that money back either.
Anonymous Coward
User ID: 83244884
Czechia
05/14/2022 05:48 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
just dont use banking or money apps on your phone
 Quoting: Anonymous Coward 80289823


try telling binance to stop using sms verification for withdrawals.

see how far that get you.
 Quoting: Anonymous Coward 71406107


you can sms verify without having yoir account info on your mobile
 Quoting: Anonymous Coward 80074424


also, don't use mobile phone numbers whixh can be ported elsewhere to sms verify, use vitual numbers you own/control.
 Quoting: Anonymous Coward 80074424


In order to do so you will have to start a telco AND ensure that no one has access to the PBX or whatever you'll use to "create" your numbers "under control"...

You can control and own any number in your own network...

But you will never be able to do so on any networks.

So your "brilliant" ideas are really quite useless.
Anonymous Coward
User ID: 83244884
Czechia
05/14/2022 05:51 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
The clip suggests it was crypto stolen. Would he be able to get his money back if it were usd in a legitimate banking app, like chase?
 Quoting: Anonymous Coward 83249702


Anything financial would be taken if they could get to it on your phone probably.


Criminals are able to obtain an individual's SIM card through phishing tactics by pretending to be the victim's mobile carrier, according to the FBI.

"Once the SIM is swapped, the victim's calls, texts, and other data are diverted to the criminal's device," the FBI said. "This access allows criminals to send 'Forgot Password' or 'Account Recovery' requests to the victim's email and other online accounts associated with the victim's mobile telephone number."

Alarmingly, "the criminal uses the codes to login and reset passwords, gaining control of online accounts associated with the victim's phone profile," the FBI said.

[link to abcnews.go.com (secure)]
 Quoting: 936432979


I sure wish we could get this technology out of our lives. The risks outweigh the benefits now.

There’s probably no way to get that money back either.
 Quoting: Anonymous Coward 83250615


Well if it's crypto the ledger is public so every last cent can be traced.

Question is if the feds will invest that much time but YES they can find whomever has the funds. (theoratically)
hankie
Everything

User ID: 80628258
United States
05/14/2022 05:57 PM

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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
I am a senior citizen, I know what a sim card is, I know how to put them in, the size needed and what the number is, there is something else I know, cellphones are not safe and I don't use them.
Sorry I got a headache

These are the times that tries men's and
women's souls!

May we come though it victorious!
Anonymous Coward
User ID: 80692706
United States
05/14/2022 06:38 PM
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Re: Florida man loses life savings of $700K in ‘SIM swap’ phone scheme
Behnken looks smoking hot. I like her for her face.

Better call Behnken...





GLP