FBI Warns of a Growing Scam That Hijacks Your Phone

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Cellphones are an essential part of our day-to-day lives. Now, the FBI is warning the public about a scam that could compromise your phone. The federal law enforcement agency says crooks are using so-called “SIM swapping” to rob people of millions of dollars by stealing money from fiat and virtual currency accounts. In this scam, fraudsters use various methods to target mobile carriers and…

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