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My Phone Was Stolen And Money Withdrawn From My Bank Account - Crime (5) - Nairaland

Nairaland Forum / Nairaland / General / Crime / My Phone Was Stolen And Money Withdrawn From My Bank Account (33993 Views)

N287k Withdrawn From 87-Year-Old Man's Union Bank Account, Leaving N1k / My Phone Was Stolen And My Firstbank Account Was Debited Without My Pin !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Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by id911: 7:02pm On Apr 04
Offpoint:

Very simple, go to your phone settings, under security you'll see "Sim card lock" you can set your password there...

Incase the SIM block you'll need your puk to unlock it

Thanks
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by nextstep(m): 7:02pm On Apr 04
OP, sorry about the loss. I almost had my phone stolen on an intercity transport ... the guy was shifting his body one kind, and I kept noticing my phone was peeking out of my trouser pocket every few minutes. So I moved it to my shirt pocket to avoid stories, crossed my arms and went back to sleep.

Some banks allow you to generate a pin on a phone and send to the for authentication. They don't check the actual phone (IMEI), only the phone number which is determined by your SIM. So if your SIM is inserted into another phone, the bank will think it's still you. As somebody else suggested, SIM lock will prevent that.

No solution is perfect, but I think it helps not to put all our financial eggs in one basket so to say. I only use a token for online transactions (not phone generated PIN), and that token never leaves my house. Also, the bulk of your money should be in a savings account which you never expose.

These days too, there are thieves working with bank staff, so all bets are off.

3 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by nextstep(m): 7:04pm On Apr 04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.

This is probably the best advice, especially for those who do everything on their phones. First thing to do when a phone is stolen is to block the line and the account ASAP.
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Neoteny(m): 7:06pm On Apr 04
Onyekachi419:
Sorry I feel your pains I have been there.

Feel among


Shishi you no get

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by derbykol(f): 7:08pm On Apr 04
ifeanyi317:
It is either they buy airtime from your bank and sell via credit transfer.
Good observation
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Dickson44: 7:09pm On Apr 04
Why do I feel that the person asking this question has plans of getting into crime?
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by nextstep(m): 7:09pm On Apr 04
Ebenezerk2:
That is why I like developed countries, you can just block your card from your bank's application, but Nigerian banks have not got to that level

Ironic that in developed countries that feature exists... which means they have thieves, in spite of their wealth...
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by ebukason3(m): 7:10pm On Apr 04
The bitter truth is that USSD is no longer safe, ask ur bank to block it, keep your banking sim at home, if you have to use ATM outside your area , take a second ATM that has small cash, if there is need for money transfer to the account linked to the ATM from online, always clear your username and password from your browser.

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by jac101: 7:12pm On Apr 04
Sorry bro
I was a victim too last year, the guy pull all the money in my account
Smart phone makes it easy for criminals to rub someone
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Autodidact1: 7:13pm On Apr 04
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.
what do you mean?
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by ozueozue(m): 7:17pm 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.




i always advice people, dont only pin code or password your PHONE alone, code lock your SIM cards especially dos ones you get Bank Alerts from,

sorry Man, Unstructured Supplementary Service Data [USSD] could be use in many ways to temper with your MONEY hard Luck bro, but try and ask for your statement of Account from your bank, maybe the use your money to purchase Recharge Cards or Transfer to a fake Account or worst still use it to Get Amazon Gift Cards but am pretty sure the will not use it for KONGA or JUMIA

3 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Oju4190: 7:21pm On Apr 04
GloShare:
Hear word

You guys dont listen. The minute you lose your phone, call your banks. Any transactions after your call will be a liability to the bank.

CALL YOUR BANK!!! BORROW A PHONE AND CALL YOUR BANK!

ANYWAYS, WINTER HAS COME!!!
First bank customer when u go call.....Dey go play Music oooo so tire sleep go catch u or the person when borrow u phone go tired for u because u won finish he airtime

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by wolexter(m): 7:22pm On Apr 04
For Christ's sakes when are the banks and cbn going to put a stop to this rubbish? @cenbank what measures are being put in place to prevent phone thieves from being able to access people's accounts. It seems too easy and convenient to access somebody's account once they lose their phone these days. This sucks tbh!
Two of my people have fallen victim of this and the banks couldn't be bothered. The most annoying part is that your bankers who can see where your money has been transferred to will refuse to go the extra mile to help you track the thief or even provide you with information to track yourself.
People's hard earned money are being stolen from their accounts through their phones on a daily basis and our banks are acting as if it is nothing.
Honestly it doesn't seem like we are ripe for electronic banking in this country.

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by encryptjay(m): 7:22pm On Apr 04
GT bank doesn't request for pin whenever one is carrying out 'self' airtime recharge. It always bothers me why they have left it like that. I don't want to believe it's because of you recharging quickly.
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by angelusbrut: 7:25pm 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.

If its zenith,uba, stanbic,diamond at least d one I know for now,they can't withdraw from there,ussd must be activated with cards etc but some banks like Fidelity, fcmb,d guy can bcis he can activate it himself

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Baso2019: 7:27pm On Apr 04
Offpoint:

Very simple, go to your phone settings, under security you'll see "Sim card lock" you can set your password there...

Incase the SIM block you'll need your puk to unlock it

Please no one should try this unless you have your SIM pack with you.
I just tried it and my SIM locked asking me to input PUK.
Within seconds my body was covered with sweat as I remembered the stress people go thru doing court affidavit just to unblock SIM.
Luckily for me after ransacking the whole house I was able to see my SIM pack

11 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by baur(m): 7:29pm On Apr 04
You are right
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by MuttleyLaff: 7:31pm On Apr 04
Baddiezz:
smiles, thank you
Have a blast, may you have good success, be in good health, and prosper, even as your soul proper too, on this remarkable & memorable day.

Is it really true, you share birth date with frog voice?

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Coolgent: 7:32pm On Apr 04
Boom33:
Asin ehn.. I don't even know the manage to carry out such act.
There is this MTN line I bought last month, and I've been receiving alert and account statement of millions of naira from GTBank. The tin dey skip my mind.
sometimes m always tempted to use koni ways to withdraw some money from the account.
I've complained it to GTBank staff, I even called their costumer care to complain this issue. I was told that they're gonna work on it, but till now, m still receiving alert from this account.... M tempted with the money in this account
Same thing here: I have been receiving alert of monthly salary of a Teacher from Zamfara State!
The funniesr thing is the montgly salary is palty 10,250 (ten thousand two hundred and fifty naira)

NB: he may be on grade 6/7, cos there is no minimum wage in that state

1 Like 1 Share

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Rubbiish(m): 7:33pm On Apr 04
anyimontana:
Nextime,password ur SIM
How do one do this pls?

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by kevoh(m): 7:35pm 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.
Nope it's the other way round. CALL YOUR BANK TO BLOCK YOUR ACCOUNT FIRST then you can block your line.

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Rubbiish(m): 7:37pm On Apr 04
Offpoint:

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
How do one password the Sim?
Does the Sim automatically lock after certain minutes if unused? Thanks
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by anyimontana(m): 7:41pm On Apr 04
Rubbiish:

How do one do this pls?
go to ur sim setting..its there...best form of security
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by partnerbizz4: 7:41pm On Apr 04
Akpacha:
Sorry abt that. With ur sim, they can dial a code that would produce ur BVN I guess they proceed from there. I have password both on my sim and on my phone. My sim can't be use on another phone without password.
Say what you know.

You can't take money via bvn alone.

2 Likes

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by toprealman: 7:42pm 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.
A video on this went viral last year. These guys have gone digital.
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Rubbiish(m): 7:42pm On Apr 04
PotatoSalad:
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.
Is it possible for one to password sim without its pack?

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by foster212: 7:42pm On Apr 04
ifeanyi317:
It is either they buy airtime from your bank and sell via credit transfer.

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by Rubbiish(m): 7:43pm On Apr 04
anyimontana:
go to ur sim setting..its there...best form of security
Can one do this without sim pack?
As i m not with my Sim pack. Thanks
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by anyimontana(m): 7:43pm On Apr 04
Rubbiish:

How do one do this pls?
go to * phone settings ,* security,* sim lock....best form of security

1 Like

Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by anyimontana(m): 7:45pm On Apr 04
Rubbiish:

Can one do this without sim pack?
As i m not with my Sim pack. Thanks
u don't need ur sim pack...just slot ur sim in ur fone and go to ur settings
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by foster212: 7:46pm On Apr 04
id911:


How do you password your SIM please?
Go to security settings, and proceed with default password: 1234 to change to new one. Thank me later.
Re: My Phone Was Stolen And Money Withdrawn From My Bank Account by GloShare(m): 7:46pm On Apr 04
Oju4190:
First bank customer when u go call.....Dey go play Music oooo so tire sleep go catch u or the person when borrow u phone go tired for u because u won finish he airtime

Theres a speed dial for urgencies.

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