Online fraudsters are taking advantage of the rush by Nigerians to have their accounts linked to the Bank Verification Number.
e-fraudsters ’are cloning banks’ GSM numbers and use same to pose as banks in sending warning text messages to customers.
Just as the sms do come through the same phone numbers with which customers receive alerts on their accounts when sent by their banks, they ask for other critical bank details which they can use to hack into customers’ accounts to move their monies away.
Some of the victims who had approached the banks after falling prey say banks usually disown them and leave them to suffer the loss without any assistance to trace their missing deposits.
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