Hello from FrankonFraud.

So what is going on at T-Mobile? This week Breach #8 was reported at the second-largest wireless carrier in the United States with more than 110 million subscribers. The company has become the poster child for massive data breaches.

They had a massive breach in 2021, two separate breaches in 2020, a breach in 2019, one in 2018, one in 2015, and one in 2009. And that is what we know about.

Hackers manipulated an application programming interface to steal customers' names, email addresses, phone numbers, billing addresses, dates of birth, account numbers, and service plan details. The initial hack occurred at the end of November, and T-Mobile only discovered the activity on January 5.

Could Insider Fraud Be At Play?

Something is seriously amiss at the company, and one has to wonder if there might be an insider connection to all these hacks. In 2009, as an example, employee at T-Mobile was found to have sold millions of items, including customer details to data brokers who then resold that information to competitors to lure customers away from T-Mobile.

And insider fraud at T-Mobile also appears in other areas - account takeover.

Today, Telegram is rife with advertisements of scammers selling access to insiders or The insiders are available to swap sims on mobile phones to enable identity thieves to completely assume someone's digital identity.

Insiders At T-Mobile Are Behind Sim Swapping

What is an Inny?

The first time I noticed it was about a year ago. At the time, an advertisement for fraud services on telegram caught my eye.

“T-Mobile Inny available now DM for Sim Swaps”.

I had never heard the term “Inny,” but based on the telegram post, it was obvious what they meant. They were selling access to insiders that could swap Sim Cards using their privileged access to the customer management systems at these companies.

Click this link or the image below for the full article

Fish Commits Fraud, Exposes Owners Card Number Online

Crazy things happen in Japan. And you’d be hard-pressed to find a more bizarre fraud case than a recent case of “Fish Fraud” that occurred there recently.

According to Techspot News, a Nintendo Switch owner’s pet fish accessed his shopping account and added funds using his credit card, and committed various other offenses as well.

The fishy crime was caught on video during an unsupervised live stream. Hundreds of viewers watched as the little fish stole their owner’s identity while he was gone. You can catch the crime in action here – although it is in Japanese. But you can see how it all went down.

Click this link or the image below for the full article

What Is Credit Stacking, And Why Are Credit Repair Experts All Talking About It?

I've seen many credit repair videos lately, and they are all promoting a new technique called "Credit Stacking".

So what is credit stacking? Well, it involves submitting 3-4 credit applications online to different banks simultaneously by applying on 4 different computers so that the banks don't see all those credit inquiries.

It's basically Turbo Bust Out, and it could spell yet more bad news that are trying to prevent this sort of thing. In the past, these techniques have been called shot-gunning, but I've never seen anyone online promoting using different computers to submit the applications. You can check out the video here.

I hope you have all had a great week fighting fraud, and I will keep me eyes peeled for any new fraud scams and schemes and keep you posted as to what I find.

Have a great week

FrankonFraud