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What is SIM swipe fraud?

What is SIM swipe fraud?

Friday, December 23, 2016, 4:06 PM

A fraudster would contact your mobile operator, showing your identity proof, which is a fake. He then applies for a duplicate SIM card. The mobile operator would deactivate your SIM card. The fraudster generates an OTP on his own phone, using the duplicate SIM and then transacts online.
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