Bizman loses Rs 25L in SIM swap cyber fraud
Hyderabad: A city-based businessman became a victim of cyber fraud when the crooks siphoned off about Rs 25 lakh from his bank account by swapping his SIM card. The cyber crime police traced the fraudulent transaction to Kolkata and are on the job to nab them.
A few days ago, a contractor living in Rachakonda police commissionerate limits approached his mobile operator when his SIM card suddenly became dysfunctional for a day. To his shock, he learnt that a new SIM card had been issued to someone who had provided identification proof belonging to him. The alternative number given to the company was also changed.