How a prominent Hyderabadi engineer lost his life savings in a fraudulent phone call
Jeddah: A prominent Hyderabadi in Jeddah has been completely stunned after a phone call resulted in the loss of all his life savings in one fine weekend.
According to the victim, it all started when he received a phone call from someone claiming to be a government employee and wanting to check his Tawakalna update status. The person claimed that the ministry was updating the user’s data and asked the victim for information about it.
At first, the Hyderabadi veteran and professional engineer, who has spent most of his life in Saudi Arabia, was suspicious. However, the appellant convinced him that he was indeed an authorized employee. In fact, he did not share any personal details since he received an OPT which he shared with him.
Interestingly, the fraudster called him back the next day to pretend to be routine and genuine, when the victim suspected something was wrong and disconnected the call.
The victim became suspicious in the evening as his phone stopped working, he contacted his telecommunications service providing a mobile operator where he was informed that the SIM card had been migrated to another telecommunications provider. Hence the fraudster obtained a duplicate SIM with the same number and used for all transactions without a doubt.
The victim went to the bank, but it was too late and he discovered that he was the victim of fraud.
“Stunned by the change of SIM card, I immediately rushed to the bank and then I found that all my savings in the bank had disappeared,” said the victim. He filed a formal complaint with the police for fraud.
A SIM card swap is a type of identity theft in which an attacker manages to get a new SIM card issued against a registered mobile phone number and gain access to sensitive information.
The scammer then approaches the victim’s mobile operator with a false identity to obtain a duplicate SIM card.
The mobile operator deactivates the genuine SIM card and issues a new one to the attacker.
They are now ready to access the victim’s account and initiate financial transactions using their stolen banking information.
Saudi authorities have repeatedly issued warnings about these scammers, advising residents not to share their sensitive information with anyone.
In a related development, local authorities said a seven-member criminal gang, including a Saudi citizen and six Asian nationals, was arrested for stealing money after gaining access to 2,000 people’s fingerprints.
The gang resorted to accessing people’s fingerprints and managed to obtain SIM cards in their names without their knowledge. They used to contact these people and make them believe that they were representatives of financial agencies, then managed to access their confidential data and steal money from their accounts through the OTP by coming to their phone numbers taken by misusing fingerprints, local media said. .
The monetary wing of the prosecution investigated the fraudulent practices of the criminal gang. It was revealed in the investigations that the citizen obtained a commercial registration in the field of telecommunications to help Asian nationals to engage in fraud, according to the reports.