SIM Swap Scam Leads to $125,000 Theft
From The Perfect Scam by AARP
March 6, 2026 · 43 min · Episode 248
About this episode
Patricia experiences a SIM swap scam that leads to a significant theft, prompting a discussion on protective measures with expert Rachel Tobac.
Patricia is enjoying a quiet night babysitting when she discovers that her phone has no service. When she switches to Wi-Fi, a sudden barrage of notifications shows that someone is moving money out of her accounts. This sets Patricia off on a race against time to save her assets from criminals who are even cashing out her stocks. Bob talks with Rachel Tobac, CEO of SocialProof Security, about practical steps we can all take to protect ourselves from SIM swapping scams.
People in this episode
Host: Bob
Guest: Rachel Tobac
Topics covered
- SIM swap scam
- identity theft
- financial security
- cybersecurity
- crime prevention
Keywords
- SIM swap
- theft
- financial crime
- cybersecurity
- identity theft
- SocialProof Security
- protective measures
Mentioned in this episode
Organizations: SocialProof Security
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