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My Phone Was Stolen And Money Withdrawn From My Bank Account - Crime (2) - Nairaland

Nairaland Forum / Nairaland / General / Crime / My Phone Was Stolen And Money Withdrawn From My Bank Account (34337 Views)

N287k Withdrawn From 87-Year-Old Man's Union Bank Account, Leaving N1k / My Phone Was Stolen And My Firstbank Account Was Debited Without My Pin ! / Pepper In Vagina Saga: No Phone Was Missing, Police CP (2) (3) (4)

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Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by dljbd1(m): 6:00pm On Apr 04
I advise everyone to also use PUK for additional security.

2 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by tonero230(m): 6:00pm On Apr 04
BlackfireX:
How much him take, wet you dey blow all this grammar?

Even if it is a penny,it is still money.

9 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by KingAzubuike(f): 6:00pm On Apr 04
Depends on the bank. UBA for example asks for pin when transferring with sim card. Banks like GTB or so don't ask for anything at all. They just authenticate the transaction without any security measure.

7 Likes 1 Share

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by anyimontana(m): 6:00pm On Apr 04
Nextime,password ur SIM

5 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by okenwa216(m): 6:01pm On Apr 04
I wonder how they do it. My friend was a victim some months ago. I think all this criminals in Nairaland will have an idea

1 Like 2 Shares

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Xisnin(m): 6:01pm On Apr 04
Yes, your sim is all fraudsters need to withdraw money from your account.
Your money would have been saved if you had first called your banks to block your accounts before blocking your sim.

4 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Offpoint: 6:01pm On Apr 04
manitobor:
On the first of April 2019, I boarded an intra-city vehicle and dropped at my destination unaware that a guy sitting beside me in the bus had stolen my phone from my pocket. The bus I boarded had picked the guy on the way and he sat next to me. I had no inkling at all that he had the intention of picking my pocket though something told me that this guy's way 'no pure' as he was casting uncanny and surreptitious glances towards my direction, with a weird look on his face. Little did I know he was busy with my pocket.

It was several minutes after I had alighted at my destination that I realised that my smartphone was missing from my pocket. I used a friend's phone to dial my number and found out that the criminal had already switched it off. I resigned to fate knowing fully well that my chances of getting back the phone was slim. I however kept dialling my number till evening, it was still switched off. 6 AM in the morning of 2nd April I dialled my number again and it was ringing but wasn't picked up at the other end. After a few more attempts, the rogue switched off the phone again.

I decided to contact MTN that day to block the line, which they did. However, to my chagrin, when I went to the ATM that same morning to make a withdrawal, I found out the my account balance had changed and that the criminals have succeeded in withdrawing some thousands of Naira from my account. I rushed inside the bank immediately and blocked the account.

What I am still dazed about is how it's possible for criminals to withdraw money from someone's bank account just by getting hold of the sim card. Mind you, my phone can only be accessed via a PIN, so the possibility of them making a transfer using my bank's mobile app is ruled out. So how did they do it?

Has anyone ever been victim of such? Please share so others can learn.

Mods, can you please move to front page so others can learn? Thanks.
All they need to do is removed your sim from your phone, next time don't only password your phone also password your sim... they only have 3 attempt before the line is block.

He probably make use of USSD to transfer your money

7 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by ifeanyi317(m): 6:01pm On Apr 04
It is either they buy airtime from your bank and sell via credit transfer.

7 Likes 1 Share

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by yomalex(m): 6:01pm On Apr 04
Chai
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Nobody: 6:01pm On Apr 04
Looking for tips

3 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Bizmagnet: 6:02pm On Apr 04
But which account was the money transfered to?

11 Likes 1 Share

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by okenwa216(m): 6:02pm On Apr 04
I wonder how they do that. My friend was a victim some months ago. I think all this criminals in Nairaland will have an idea
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by dljbd1(m): 6:02pm On Apr 04
anyimontana:
Nextime,password ur SIM
exactly!

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by yinchar(m): 6:02pm On Apr 04
I have always said it, you guys will never listen...

PIN protect your SIM.

It's extremely important.

9 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Jiang(m): 6:02pm On Apr 04
Some of you guys are a bit to careless, sometimes am glad that I happened to be extremely suspicious of people When it comes to financial things, Immediately I figured something is wrong, I immediately block my account, Blocking & unblocking is extremely easy & available 24/7, I don't see the reason why you guys delay


Are you afraid of the customer care agents or don't you just value ur hard earned money

5 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by doublefreez(m): 6:02pm On Apr 04
You now realize you wasted too much time before blocking your sim and notifying your bank right?

3 Likes 1 Share

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Lordthruce: 6:02pm On Apr 04
I think it was done using bank short code. USSD

2 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by idsamoo(m): 6:04pm On Apr 04
OnyeMmeri:
Had the same experience early year. The thieves managed to steal 32k from my account.

I've since learnt that the first thing to do after such theft to block your line. Then contact your bank to block your account as well.
First thing is to call your banks to block all transactions pending till you replace your stolen sim.

2 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Mac2016(m): 6:04pm On Apr 04
Probably the first reasonable comment! Failed system with adults with blocked minds everywhere. Someone asked how all Nigerian adults could say were sorry! So disappointing. One even asked how much dem steal wey the OP dey make noise... So sad. Thumbs up, author of the quote below. You're just one of the reasonable few in the land.
WhiZTiM:
Yes it's possible to steal from your account.
Even without knowing the password, some clever social Engineering can supply the attacker all details to steal.

These days, your phone is your second identity, especially when it's part of your multifactor authentication on several platforms.

6 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by slowbreeze(f): 6:04pm On Apr 04
I lost my fone some months back in a similar fashion.Omo na so I stop work immediately & rushed to d nearest MTN office to do d needful.Youd have gone immediately to block ur line once u noticed d fone was missing.Sorry bro.

3 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by iramure(m): 6:04pm On Apr 04
How will getting one's BVN number assist in withdrawing one's money by these criminals because i think they used code to harvest the victims number.?
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Hedonisst: 6:05pm On Apr 04
My people, you need to learn to be devious in all your ways. Street University is the ultimate Ivy League University.

- Don't register a phone number with your bank's ussd system (go to your bank and order them to unlink/deregister your number from ussd services!)
- My alerts only come in via email.
- I don't have a bank app, and not registered to any bloody app.
- Online transactions are strictly on the bank's website or Quickteller.
- No software tokens (OTP) whatsoever. Only hardware token, etc, etc.

* If you follow these standard precautions, even if your phone is stolen, your Sim card will be totally useless to any potential 'account clearer'. 100% guaranteed.

My people perish for lack of knowledge, but it's okay.

23 Likes 3 Shares

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by chuks34(m): 6:05pm On Apr 04
how is dis possible
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by MuttleyLaff: 6:05pm On Apr 04
Baddiezz:
why did you repeat my post?
Happy Birthday to you. Your liberality is admirable, however when next you ever let your head down, please, please, please let it be not just to only and alone admire your shoes, but to lift and bring a knocked down on the floor, brother or sister up. You are beautiful inside and outside.
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Stevengold(m): 6:06pm On Apr 04
BlackfireX:
How much him take, wet you dey blow all this grammar?


See him here o grin grin
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Offpoint: 6:06pm On Apr 04
OnyeMmeri:
Had the same experience early year. The thieves managed to steal 32k from my account.

I've since learnt that the first thing to do after such theft to block your line. Then contact your bank to block your account as well.
Password your sim and you'll be safe from this

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by PotatoSalad(m): 6:07pm On Apr 04
Password protect your SIM. It's very easy to do.
They try the code multiple times, sim gets locked and the only way to access the sim is to enter the PUK number.
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Bodingo: 6:07pm On Apr 04
There is no way someone can withdraw money from your account by having your phone.

How will the person know your account number and bank you bank with.They can only do that if you have a bank mobile app and automatic pin on it or a phone number verification.

A volatile country like Nigeria, I will be the last person that will have a mobile money app on my phone.

7 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Littlemix(f): 6:08pm On Apr 04
Affirmative to this.. I use puk on my Sims..the only option to
dljbd1:
I advise everyone to also use PUK for additional security.
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by bluefilm: 6:08pm On Apr 04
manitobor:
On the first of April 2019, I boarded an intra-city vehicle and dropped at my destination unaware that a guy sitting beside me in the bus had stolen my phone from my pocket. The bus I boarded had picked the guy on the way and he sat next to me. I had no inkling at all that he had the intention of picking my pocket though something told me that this guy's way 'no pure' as he was casting uncanny and surreptitious glances towards my direction, with a weird look on his face. Little did I know he was busy with my pocket.



These lines got me laughing my damn ass off... grin grin grin grin

2 Likes

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