Sim swap scam: "They get the pin number and then clean out your account"

Consulting forensic scientist David Klatzow has been working with a number of people who have had money taken out of one or more bank accounts after a Sim swap has been done.

It is continuing to happen...and nothing is really being done about it.

David Klatzow, consulting forensic scientist

Vodacom is the prime offender in this, says Klatzow.

He explains the basic modus operandi.

You go in for some kind of interaction with Vodacom...and then you run into problems. Sometimes you don't even need to do that, your phone simply goes on the blink because somebody has hijacked that phone in the central area of Vodacom, and they have managed to hijack your number and put you offline.

David Klatzow, consulting forensic scientist

He says they then get money out of your account because when the bank sends them your one-time pin it no longer goes to your phone, but to their phone.

[The pin] no longer goes to you, because your number no longer belongs to you. it has been swapped to some other criminal.

David Klatzow, consulting forensic scientist

They get the pin number and then clean out your account.

David Klatzow, consulting forensic scientist

Klatsow relates the story of his latest client who went into Vodacom to get a new phone. Within a day his phone went on the blink.

In fact, it turned out that his contract had been cancelled - not by him - but by somebody within the confines of Vodacom.

David Klatzow, consulting forensic scientist

He says Vodacom then took a month to sort the problem out.

During which time the client was systematically defrauded of a significant amount of money.

David Klatzow, consulting forensic scientist

In this case, Vodacom then charged the man R6000 cancellation fee.

He says Vodacom and Absa Bank are the two parties involved leading him to believe that there are staff members within colluding with criminals involved in this scam.

He says both these organsations have dedicated fraud teams, yet two years down the line, Klatzow says criminals within have not been identified.

Take a listen to the details of this scam below:


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Why moving Parly to Pretoria could be costly

Why moving Parly to Pretoria could be costly

Wesgro CEO Tim Harris argues that relocating Parliament to Pretoria might not make the most economic sense.

[WATCH] John Maytham: 'Supra was fired!'

[WATCH] John Maytham: 'Supra was fired!'

John takes a wry look at the 'early retirement' of North West Premier Supra Mahumapelo.

Stormwater harvesting could be Cape Town's water solution

Stormwater harvesting could be Cape Town's water solution

Dr Kevin Winter says stormwater harvesting could be a water augmentation solution.

"Sounds like a variant of the old 'tech support scam'"

"Sounds like a variant of the old 'tech support scam'"

My Broadband's Jan Vermeulen says the 'sim swap scam' sounds like a rejigged version of an older con that did the rounds.

Beware of SIM swap scam, warns MTN

Beware of SIM swap scam, warns MTN

MTN has warned against giving people pretending to be call centre agents their personal details.

'Even banks are concerned about sim swap fraud'

'Even banks are concerned about sim swap fraud'

Alarm bells rang when Sizwe Dhlomo almost found himself victim to sim swap fraud...

Popular articles
[LISTEN] Van Breda's call to emergency services: 'My family and I were attacked'

[LISTEN] Van Breda's call to emergency services: 'My family and I were attacked'

The chilling call Henri van Breda made to emergency services on the night his mother, father and big brother were hacked to death.

[LISTEN] Father shares how he shot the man who raped his daughter

[LISTEN] Father shares how he shot the man who raped his daughter

Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.

MTN Walk The Talk with 702: Get your entries in and be part of a united Joburg!

MTN Walk The Talk with 702: Get your entries in and be part of a united Joburg!

Join Joburgers from all walks of life come together peacefully, united in their diversity for a fun family day out.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

So what exactly is radical economic transformation?

So what exactly is radical economic transformation?

Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.

Competition Commission investigates five companies to stamp out price-fixing

Competition Commission investigates five companies to stamp out price-fixing

Commission says investigation into food and agro processing companies is important because of high levels of inequality in SA.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?