Fraudsters are emptying bank accounts by diverting calls and text messages | Action Fraud

Fraudsters are stealing large sums of money from victim’s bank accounts by taking control of their mobile phones and intercepting calls/texts messages sent by banks.

Fraudsters are once again gathering as much information as possible on victims and using a method we have warned the public about in the past called SIM splitting, to gain access to people’s bank accounts.

A recent This is Money investigation found that one victim from London lost £22,300 when fraudsters raided their Santander accounts using this method. Another two victims had £19,500 drained from their Santander accounts after criminals intercepted the bank’s text messages.

Source: Fraudsters are emptying bank accounts by diverting calls and text messages | Action Fraud

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