🇨🇦 #Toronto : 10 people are a combined 108 charges for allegedly defrauding telecom companies, banks and cell phone users of over $1,000,000 total in a SIM swap scam. #canada #police #telecom #sim #mobile #phone #banking #frauds #scams #online #threats #simswapping #identity #escroqueries #money #arnaques ⁠[ https://www.tps.ca/media-centre/stories/project-disrupt-leads-to-arrests-and-charges/ ] #informatique

Criminals often use fraudulent identification to convince a telecom company they are one of its clients. They then take over the victim's phone number on a different physical SIM card & phone and criminals are able to use the phone number to access banking, email and social media accounts through two-step authentication texts to that number. ( Det. David Coffey )