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12/10/2024

Man loses $38K after falling victim to a SIM-swapping phone scam

Scripps News

A man in Carlsbad, California said a hacker was able to drain $38,000 from his Bank of America account after compromising his phone in a SIM-swapping attack.

“I can't let this go. I'm never gonna let this go,” said Justin Chan in an interview with Scripps News San Diego at his home.

During an evening in September, he said he started getting strange notifications on his iPhone and realized it had been disconnected from the cellular network.

He later learned he had been a victim of SIM swapping, a scam where a criminal hijacks access to a victim’s cell number.

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