For those with mobile phones and use online banking scam watch is here to educate.
The scam works as follows;
Fraudster attains and uses your information to do a sim change on your mobile phone.
Once he has control of your phone they get access to your online account by getting bank to reset/resend information to your phone number.
Fraudster then logs into your online account and transfers your money.
A number of cases have resulted in thousands in losses leaving the customer and bank to debate and figure out a respond to security breach.
You have been warned!
by Peter Kim [CreateSpace Independent Publishing Platform]