What is SIM swapping, through which a big fraud was committed on the company owner, Rs 7.5 crore was transferred

What is SIM swapping, through which a big fraud was committed on the company owner, Rs 7.5 crore was transferred

In Mumbai, cyber fraudsters cheated Rs 7.5 crore from a private company. Officials said that this incident happened in Kandiwali on Monday. The fraudsters took access to the company’s bank account by swapping the SIM and made many unauthorized transactions. Within a few minutes, cyber criminals withdrew money from the company’s account and transferred it to different bank accounts. By the time the police could do their work, the criminals withdrew a huge amount from the account and put it in their pockets. Police freezes Rs 4.65 crore As soon…

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