how this otp scam work?

kukdookoo wrote:
Please explain + @guest_999

Call forwarding or SIM Swap can only be initiated by sending some short codes by SMS to the service provider by the regd mobile number. He must have unknowingly trusted some scam caller and sent those sms.

guest_999 wrote:
Fraudsters are using genuine aadhaar & ID proof of poor ppl who are more than happy to "rent" their genuine ID for a "small commission". Banks are also careless by relying only on "machines" instead of even attempting to develop a "new system" to counter this increasing rise in online frauds while spending crores on useless advertisements & credit card offers.

Police does not make any effort to trace the destination account immediately after the fraud because of lack of commitment, multiplicity of state juridictions and lack of infrastructure and facilities. When RTGS & NEFT can be initiated to all bank accounts in short durations why can't such destinations accounts be blocked immediately after FIR through the RBI servers. 

The police does not even catch hold of the these "poor greedy people" who rent out their bank accounts for fraud, which would would have discouraged them to do it again.

Mobile thefts/robberies also can be traced in minutes if IMEI numbers are put in surveillance, but the police never does that except in high profile criminal cases.

panchabhut wrote:
Go to the store and tell them that you are going to file FIR against them for illegally opening Bank Acct without your consent. 

u ever gone to police station?

akki.akki wrote:
that is why I never give my aadhaar to anyone. if somebody says that aadhaar is mandatory then that service is dead for me (be it sim card, broadband, dth or even bank re-kyc).

My cousin is looking for a part time job in areas filled with family and private businesses. Most of them have asked for both cv, any govt id , then both aadhar and pan card details irrespective of whether they give her job or not.

Also lot of frauds in online job sites too. For eg She applied for a fake flipkart job and call came for indigo airlines job asking for money through upi payment 😑

We're ok with providing details to trustworthy ones but there's those who are not and honestly, seeing so many fraud cases happening with important personal information like aadhar, pan card, phone no, bank details,

aam_aadmi wrote:
Police does not make any effort to trace the destination account immediately after the fraud because of lack of commitment, multiplicity of state juridictions and lack of infrastructure and facilities. When RTGS & NEFT can be initiated to all bank accounts in short durations why can't such destinations accounts be blocked immediately after FIR through the RBI servers. 

The police does not even catch hold of the these "poor greedy people" who rent out their bank accounts for fraud, which would would have discouraged them to do it again.

Mobile thefts/robberies also can be traced in minutes if IMEI numbers are put in surveillance, but the police never does that except in high profile criminal cases.

100% ! When I lost my phone and requested them to track my phone (it was new and bought with my first salary saving 😭) , the bloody inspector yelled at me and told me not to teach him how to do his job. Basically, his job is to bootlick rich elites, ignore middle class, threaten the poor.

There was a case of frauds through indeed/other job sites among my peers many years back, the police literally didn't do anything.

Then again, an Assamese student in IIT (outside state) was recently murdered and the poor kid even complained everywhere to staff and police before his murder. Police of both states didn't do anything , rather the other state is actively protecting the murderers.

Only a few rare policemen actually do their jobs honestly and go out of their way to help others.

aam_aadmi wrote:
Call forwarding or SIM Swap can only be initiated by sending some short codes by SMS to the service provider by the regd mobile number. He must have unknowingly trusted some scam caller and sent those sms.

Sending any sms to scam caller can allow them to hack phone? I thought clicking on link send by scammer allow them to hack phone!

Tekk wrote:

Yesterday i visited Airtel store.. and they told me you can't get Airtel sim card without aadhar...got sim card with aadhar number..

BONUS: today i registered in Airtel app..and it's showing Airtel payments Bank,they opened without my consent 😭😭

PS: 2 Year's ago they did the same thing..i have closed that account..but now they opened it again..

Wait, airtel payment bank is shown to all in app, right? Not necessarily mean they opened their crap with our personal information or am I mistaken?

shraaj wrote:

There should be a System or Portal just like Aadhar for the Authentication History of PAN.

Where our PAN Card has been used?

In Aadhar,We Can Lock but in PAN its not Possible!

You're giving good ideas , unfortunately the think tank babus aren't smart in critical thinking. Btw, How can aadhar card be locked in cases of misuse? Plz explain in DM

hana25 wrote:

You're giving good ideas , unfortunately the think tank babus aren't smart in critical thinking. Btw, How can aadhar card be locked in cases of misuse? Plz explain in DM

DMed you check

aam_aadmi wrote:
Call forwarding or SIM Swap can only be initiated by sending some short codes by SMS to the service provider by the regd mobile number. He must have unknowingly trusted some scam caller and sent those sms.

Also, replacement sim cannot receive any sms incl otp for 24 hours after being activated(confirmed to me by customer care). Calls though start working immediately on replacement sim.

@hana25

@kukdookoo

aam_aadmi wrote:
Police does not make any effort to trace the destination account immediately after the fraud because of lack of commitment, multiplicity of state juridictions and lack of infrastructure and facilities. When RTGS & NEFT can be initiated to all bank accounts in short durations why can't such destinations accounts be blocked immediately after FIR through the RBI servers. 

The police does not even catch hold of the these "poor greedy people" who rent out their bank accounts for fraud, which would would have discouraged them to do it again.

Mobile thefts/robberies also can be traced in minutes if IMEI numbers are put in surveillance, but the police never does that except in high profile criminal cases.

In India, police does not have the technical capability you are talking about. This can be done only via national security agencies like cbi & raw. Best way to stop such frauds is via banks(either sending or receiving bank) own surveillance mechanism which is the main issue because banks in India have simply stopped trying to look for some innovative way to stop such frauds & instead given all the responsibility to their AI system while not thinking deeply about the fact that this is India where even college students & jobless ppl can achieve 10 lakh+ transfers & 1 crore plus total financial txns in a year.

As for mobile thefts the biggest issue is police unreliability in India. There have been many cases in the past where police misused their power to track mobile phones hence nowadays it is a cumbersome process for police to get legal approval for tracking any mobile.

guest_999 wrote:

Also, replacement sim cannot receive any sms incl otp for 24 hours after being activated(confirmed to me by customer care). Calls though start working immediately on replacement sim.

@hana25

@kukdookoo

why?

guest_999 wrote:

In India, police does not have the technical capability you are talking about. This can be done only via national security agencies like cbi & raw. Best way to stop such frauds is via banks(either sending or receiving bank) own surveillance mechanism which is the main issue because banks in India have simply stopped trying to look for some innovative way to stop such frauds & instead given all the responsibility to their AI system while not thinking deeply about the fact that this is India where even college students & jobless ppl can achieve 10 lakh+ transfers & 1 crore plus total financial txns in a year.

As for mobile thefts the biggest issue is police unreliability in India. There have been many cases in the past where police misused their power to track mobile phones hence nowadays it is a cumbersome process for police to get legal approval for tracking any mobile.

hence nowadays it is a cumbersome process for police to get legal approval for tracking any mobile.

any article/notification for this?

aam_aadmi wrote:
Call forwarding or SIM Swap can only be initiated by sending some short codes by SMS to the service provider by the regd mobile number. He must have unknowingly trusted some scam caller and sent those sms.

please explain in detail paji +  @guest_999

guest_999 wrote:

Also, replacement sim cannot receive any sms incl otp for 24 hours after being activated(confirmed to me by customer care). Calls though start working immediately on replacement sim.

@hana25

@kukdookoo

no use,half of services send otp via call

sub mile hue hote h to make a customer fool

kukdookoo wrote:
please explain in detail paji +  @guest_999

The most prevalent and successful methodology of scam nowadays is SIM SWAP. Scamsters manage to get a duplicate sim card from the service provider after accessing your ID proofs thru 3rd party (some may issue duplicate sim even without id proofs). However to activate the new SIM and deactivate the old sim, SMS to service provider customer care number is to be sent in SIM space <NEW SIM CARD NUMBER> format.

They make phone calls to customers in the name of sim/5g upgradation and convince them to send the above SMS forwarded by them.

Within few hours old SIM gets deactivated and new SIM in possession of scammer gets activated. Before customer realises the loss of signal, they make OTP/UPI based transactions from the mobile. Many high profile executives have lost lakhs in this manner.

Call forwarding is relatively new, where all your calls get forwarded to scammer's number, if customer is convinced to send SMS in a specific format to customer care number. Then scammers can make transactions by activating receive OTP on call. However in this case they should have access to your user ID and password

If a real hacker/ attacker knows your details they can social engineer to attack you. You really can't do too much. So avoid prey to social engineering and dont share your credentials. Use a secondary bank account for sharing purpose.dont come into their radar

IndianDimer wrote:

Then he'd hv chosen form 60 option 

No..my pan number showing in the Airtel app profile section..

ketkeesharmaco367 wrote:
no use,half of services send otp via call

Which ones, all the major banks I know don't send otp over call for doing financial txns.

kukdookoo wrote:
hence nowadays it is a cumbersome process for police to get legal approval for tracking any mobile.

any article/notification for this?

Can a police officer tap my phone without warrant - FREE LEGAL ADVICE (lawrato.com)

aam_aadmi wrote:

The most prevalent and successful methodology of scam nowadays is SIM SWAP. Scamsters manage to get a duplicate sim card from the service provider after accessing your ID proofs thru 3rd party (some may issue duplicate sim even without id proofs). However to activate the new SIM and deactivate the old sim, SMS to service provider customer care number is to be sent in SIM space <NEW SIM CARD NUMBER> format.

They make phone calls to customers in the name of sim/5g upgradation and convince them to send the above SMS forwarded by them.

Within few hours old SIM gets deactivated and new SIM in possession of scammer gets activated. Before customer realises the loss of signal, they make OTP/UPI based transactions from the mobile. Many high profile executives have lost lakhs in this manner.

Call forwarding is relatively new, where all your calls get forwarded to scammer's number, if customer is convinced to send SMS in a specific format to customer care number. Then scammers can make transactions by activating receive OTP on call. However in this case they should have access to your user ID and password

There is a 24 hour waiting period before a replacement sim can receive sms so unless the victim takes 18-20 hours to realise, the sim swap fraud is not possible.

People here are talking casually about simswap on other hand I was not able to get my own sim card which I used for 10yrs because it was not registered in my name.. Vi

IndianDimer wrote:

Then he'd hv chosen form 60 option 

Form 60 option is only for those who don't have a pan card/number. If someone already has a pan card/number then it is not legal for him to use form 60.

Drdrake wrote:

People here are talking casually about simswap on other hand I was not able to get my own sim card which I used for 10yrs because it was not registered in my name.. Vi

Story of this country, law abiding citizens face more hurdles than criminals.

Drdrake wrote:

People here are talking casually about simswap on other hand I was not able to get my own sim card which I used for 10yrs because it was not registered in my name.. Vi

But if you have the ID proofs of the registered name, it's very easy to get a new SIM card.

guest_999 wrote:
Form 60 option is only for those who don't have a pan card/number. If someone already has a pan card/number then it is not legal for him to use form 60.

He'd hv =agent would have (wrongly, for his(agent's) benefit)

Tekk wrote:

No..my pan number showing in the Airtel app profile section..

Oh! How?? Did agent retrieved your pan from digilocker without your knowledge? Or is there a new  facility to know pan from aadhar number after aadhaar pan linkage? 

guest_999 wrote:
There is a 24 hour waiting period before a replacement sim can receive sms so unless the victim takes 18-20 hours to realise, the sim swap fraud is not possible.

I think the "24 hour waiting period for replacement sim" rule was issued by DoT in November 2022 only. Prior to that ot was at the discretion of service provider. This may curtail the number of SIM SWAP frauds

aam_aadmi wrote:

But if you have the ID proofs of the registered name, it's very easy to get a new SIM card.

My sim was in my cousins name and he moved to states. Now, even after handing in if valid proof for sim identification he was not ready to budge in.

I had visited 3 Vodafone center in 2 tier 1 cities, didn't had any luck. Eventually had to give up the idea and got another sim.

PS - Its all digital now, the take live photos and fingerprint for adhar now, no physical documents needed afaik.