The Perfect Scam

SIM Swapping: A Multimillion Dollar Scam

11.24.2023 - By AARPPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Our smartphones contain access to just about everything that’s important to us, so when criminals figure out how to exploit vulnerabilities in security on mobile devices, the results can be disastrous. In this episode, we’ll hear about a group of young criminals who use the technique of SIM swapping to target the cellphones of high-earning crypto investors and steal millions of dollars. We’ll also learn what steps you can take to safeguard your own accounts.

More episodes from The Perfect Scam